Should we use Price per Square Foot to derive our purchase/listing prices? The Price per Square Foot generated from MLS provides an average Sold Price per Square foot for selected sold properties and average Listed Price per Square foot for selected Active and Pending properties. No absolutely not. The Price per Square Foot generated CMA does not account for many factors that are important and should be included in a real CMA such as: condition of the house, upgrades, age, builders, size, layouts and floor plan, location of the house in neighborhood, and many more. All these factors need to (2 comments)
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Bahman Davani, CM at Texas Five Star Realty, Plano, TX (214) 457-7055
Homes for Sale in Plano, Frisco, Prosper, Allen TX