Most of us look at the price of home and think of the total price. We don't break it down.
Most real estate websites and multiple listing services show cost per square foot (cpsf or $/ft2). It is a critical measure of the value of the home--or perceived value.
Before making an offer on a home in a particular neighborhood, consider what other homes around it are selling for on a cost per square foot basis.
For example, over in Dallas, paying upwards of $150 per square foot is not unheard of, particularly in the Park Cities or even in Forest Hills. The M Streets might run at similar or larger numbers and the C- and L-Street areas a little less. But certainly more than outlying areas from McKinney to Rockwall to the Midcities.
I personally think the Midcities are a bargain. My home is selling for just over $100 per square foot and it has a higher perceived value once you see it.
Call or write to me:
cafigur@gmail.com
817-891-1167