From: sprash@gmail.com
Newsgroups: misc.invest.real-estate
Subject: Re: (size of home) v/s( $/sq ft)
Date: 31 Jul 2006 11:50:57 -0700
posting-account=oz9i6Q0AAAAq3BmAqBuK9g6N4EEUfIXA
Well, the lot backs a small greenspace, but so do the other larger
homes in that area. No significant upgrades on this one.
jIM wrote:
> sprash@gmail.com wrote:
> > I'm a first time home buyer and had a question for you -
> >
> > The house I am about to buy is one of the least expensive houses in an
> > overall expensive neighborhood (if you simply consider the sticker
> > price). However this house has lesser square footage than most homes
> > there.
> >
> > A similar house (same plan, same size) was sold for the same price but
> > I can't help but notice that this house costs $204 which is almost $20
> > per sq ft more than other homes there (As per zillow.com).
> >
> > Most homes in that neighborhood are more expensive homes with more
> > area, but almost all their $/sqft are less than $190/sq ft ... often
> > going as low as $170/sqft! I seem to be correlating that larger homes
> > cost less per sqft than smaller homes in that same neighborhood.
> >
> > To summarize, Even in the same block, the house I am considering is
> >
> > * The cheapest considering sticker price
> > * The most expensive considering $/sqft
> >
> > Do you know why that could be the case?
> >
> > Thanks in advance
> The lot the house is on (end of Cul de sac? or corner lot)... wooded
> lot? upgrades in the house (ceramic tile, hardwood floors, finished
> basement?)
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