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: If High Mortgage Interest Rates Having You Looking At Renting Instead Of Buying, Unfortunately You Will Also Find High Rental Rates!?! Median Price of Single Family Home in Harrisonburg and Rockingham County Rises 67% Over 10 Years, 140% Over 20 Years 33 Townhouses Proposed By Ryan Homes To Be Built In The City of Harrisonburg, At The Entrance To Cobblers Valley Harrisonburg Housing Market Still Showing Strength Despite Some Signs Of Slowing Anecdotally, A Smaller Percentage of Showings Seem To Be Resulting In Offers These Days Some Home Sellers Optimize For Speed, Convenience or Certainty Instead Of Price Happy Mortgage Interest Rate News As Average Rate Falls Below 5% Again If You Can Buy A Home Without Selling, Get Your Ducks In A Row Sooner Rather Than Later The Developer of Preston Lake Would Like To Build 139 Townhouses Behind Turner Ashby High School 271 Apartments Proposed Between Stone Spring Road and Apple Valley Road
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 Aug 17, 2022 (unless otherwise noted).
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