What is averge price per square foot?
I could never understand why some agents and builder advertise price per square foot on homes. It is really an empty number that has absolutely no substance. It is simply an equation of the square footage divided into the listing price. On a smaller dwelling the price per sq, ft. would be larger as to that on a larger square foot home the price published per sq.ft would be smaller.
This number does not give you a true accounting for location, amenities of the community, what up-grades are in the house, what type of building materials were used, how much labor and how much marketing cost. There is no cost information published to give you the true price of the home. So next time you want to advertise think about it and save the ink.