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Answers (2)
- Adam Brett & Eric Urban, "realtoradam"
- Contributions:1401
Vince nailed it. Bigger homes equate to lower sqft prices. Smaller homes have much higher sqft values.
Zillow gives a pretty big range for properties - but bases these values on average sq ft values. A smaller home would be at the lower end of the range - while a bigger home would be at the upper end.
This does not take into consideration any upgrades, views, or other amenities that would increase the price.
Zillow gives a pretty big range for properties - but bases these values on average sq ft values. A smaller home would be at the lower end of the range - while a bigger home would be at the upper end.
This does not take into consideration any upgrades, views, or other amenities that would increase the price.
- Vince Curtis, "SoCal Appraiser"
- Contributions:4699
Because as the house size increase, $$/ft decreases, since land value is not factored in.
IE. 600 sq ft house in Sherman Oaks -> $300K = $500/ft, same block 2500 sq ft is 750K, or $300/ft. Bigger the house, less $$/ft.
The $$/ft method is mostly meaningless....its like saying all blondes are dumb and brunettes are not .....
IE. 600 sq ft house in Sherman Oaks -> $300K = $500/ft, same block 2500 sq ft is 750K, or $300/ft. Bigger the house, less $$/ft.
The $$/ft method is mostly meaningless....its like saying all blondes are dumb and brunettes are not .....
Why do the prices per square foot differ for the same street and next door neighbors? 250-302
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