Why the value disparity????

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Why is 4641 Aspen valued at $182/ft on a single lot while 4458 Yellow Pine on a double lot is valued at $82/ft?

Lyle Majors
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February 10 - Mount Charleston
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Answers (2)

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That is true, but how can the 1764 sq ft house single lot (4641 Aspen $322000) be worth more than the 3597 sq ft house  double lot( 4458 Yellow Pine Ave $295800) (finest construction built 2001)

I will post more pictures !

Lyle Majors
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February 10
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Bigger house size tend to be lower price per sqft.
For example:
* 1st house has 1000 sqft, structure's value is $100K, land value is $100K
Price per sqft = ($100K + $100K) / 1000 sqft = $200 per sqft.
* 2nd house has 2000 sqft, structure's value is $200K, land value is $100K
Price per sqft = ($200K + $100K) / 2000 sqft = $150 per sqft.

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February 10
 

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