Understanding Price Per Square Foot: How to Make Informed Real Estate Decisions

Understanding Price Per Square Foot

One of the smartest ways to assess a property's value is by comparing its price per square foot to similar properties in the area. If a new development is significantly higher than the surrounding market, it raises a crucial question—what justifies the premium?

Higher pricing isn’t always a deal-breaker, but it should come with added benefits—whether that’s location, exclusivity, or unique features. Before investing, always benchmark against the market to make informed decisions.

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