Sonja BushQ. How doyou knowwhetherthe priceof a homeper Squarefoot isreasonableor if youare aboutto makea baddecision?A. Keep in mind thatmuch more goes intothe market value ofhouse than squarefootage. For example,two houses next doorto each other canhave the same squarefootage, but if onehas two bathroomsand the other has onlyone, guess which onewill probably be worthmore? It will also costmore per square foot.In Mammoth Lakes,price per squarefoot is very helpfulvalue in many ofthe condominiumprojects. For example,besides the view,the one bedrooms atthe Westin Monacheare pretty muchthesame. Other olderdevelopments can varyby square footage pricebecause of upgradesand or views.However, youcompare recent salessimilar homes, thecost per squarefootshould be similar tothose properties. Youcan ask your agentto provide you withcomparable sales dataPrice per square footshould not be youronly guide.Note: For previous O&As,www.Sonja Bush com

Date: March 22, 2017

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Sonja Bush - Mammoth Village Properties

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Sonja Bush Q. How do you know whether the price of a home per Square foot is reasonable or if you are about to make a bad decision? A. Keep in mind that much more goes into the market value of house than square footage. For example, two houses next door to each other can have the same square footage, but if one has two bathrooms and the other has only one, guess which one will probably be worth more? It will also cost more per square foot. In Mammoth Lakes, price per square foot is very helpful value in many of the condominium projects. For example, besides the view, the one bedrooms at the Westin Monache are pretty muchthe same. Other older developments can vary by square footage price because of upgrades and or views. However, you compare recent sales similar homes, the cost per squarefoot should be similar to those properties. You can ask your agent to provide you with comparable sales data Price per square foot should not be your only guide. Note: For previous O&As, www.Sonja Bush com