Many Of The Reasons Why Average Price Per Square Foot Can Vary From House To House

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Many Of The Reasons Why Average Price Per Square Foot Can Vary From House To House
By Scott Rogers • October 7, 2020
As I pointed out earlier this week, the "average price per square foot" is not necessarily a helpful metric for comparing the value of homes... Is Average Price Per Square Foot A Useful Metric In Pricing A Home? Jim Herr, a local builder, agreed that square foot pricing can be deceptive, and pointed out quite a few reasons why that could be so... varying cost of building lots cost of water and sewer hook up fees vs. well and septic different types of HVAC systems different types of windows and doors garage vs. no garage, attached vs. detached decks, patios, porches, all of the above or none of the above slab vs. crawlspace vs. conditioned crawlspace vs. unfinished basement shingle roof vs metal roof As Jim points out, there are countless differences in the components and construction quality of each home - rendering pricing by square foot nearly useless. Looking to price a new home -- but not based on the square footage? You can contact Jim Herr as follows... Jim Herr Herr & Co. Building Contractors 540-820-4149 jherr@herrinc.com www.herrinc.com Receive updates from HarrisonburgHousingToday.com via e-mail: Enter your e-mail address: Recent Articles: The Number Of Offers On A Single House Is Sometimes Staggering! I Would Love To Sell My Home, But Where Would I Go? Nearly 500 Buyers Secured Contracts On Homes In First Four Months of 2021 Inventory Levels (# Of Houses For Sale) Hits New Low In Harrisonburg, Rockingham County One High (or low) Sales Price Is Likely Not Enough To Justify A Pricing Strategy Monthly Housing Costs Remain Level Despite Rising Prices Please, Oh, Please, Will You Sell Your Rental Property? Strategies For Securing A Contract WITH A Home Inspection Contingency Should You Skip A Radon Test In The Current Competitive Housing Market? 13% More Contracts Signed This Year than Last
Have any questions? Contact Scott Rogers at 540-578-0102 or scott@funkhousergroup.com
Based on information from the Harrisonburg-Rockingham Association of REALTORS® or its MLS, for the period Jan 1, 2000 through May 15, 2021 (unless otherwise noted).
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