Tuesday, October 03, 2006

"Cost per square foot"

We had rain last night in the foothills. It was the first of the season and a sure sign that fall is on the way. While showing homes yesterday in Pollock Pines and Pleasant Valley I noticed a few leaves are turning from green to orange. Another sign that it’s time to move the firewood under cover, take the screens off the windows and move my aloha shirt to the back of the closet.

When evaluating what a home should be worth, it is helpful to review the median sales prices in the area. Although homes are as different as the folks who live within them, the comparison is a quick reference.

The median price paid for a home in the county of Sacramento so far this year was $247 a square foot. DataQuick’s research compares selling prices to the size of a home and comes up with the median price for a square foot. It’s is a quick reference to comparing home prices in the capital region.

In Placer County the median price was $259 a square foot, El Dorado County the median was $266 and Amador County at $246. Nevada County received the highest square footage price at $308 and Sutter was the least expensive at $194. Here are some community comparisons: Auburn at… $266, Granite Bay…$299, Carmichael….$265 and Arden Park….$306.


Post a Comment

<< Home