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


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 by Email Recent Articles: It Is OK To Improve Your Home Beyond The Value Range Of Your Neighborhood, But Realize That You Are Doing So, And The Potential Consequences 35% Of Townhome, Duplex and Condo Sales Are New Homes! While You Might Not Recoup The Cost Of Remodeling Your Current Home, Maybe You Should Do It Anyway! Basically, All Remodeling Projects Will Cost More Than They Will Add To Your Home Value The Speed Of Home Sales (Days On Market) Is Likely The Best Indication Of The Mood Of The Market If Your House Is Going To Sell, There Is A Very Good Chance It Will Be Under Contract Within A Month Be Amazed By Your Home Value And Be Content To Stay Putting The Pace of August 2021 Home Sales In Context Harrisonburg Area Home Sales Spike Again In August 2021 Your House Does Not Need To Be Photo Ready When I Visit For The First Time
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 Sep 24, 2021 (unless otherwise noted).
Comments (0) or Subscribe