I've been poking around Zillow in my city, just out of curiosity, looking at what houses go for, their size, location, etc. In general, the larger homes are more or less grouped together in the nicer neighborhoods, with both location and size driving up costs of these houses.
Many of the larger homes here offer a worse price per square foot, with homes 2,000+ sq ft often going for around $250-$300/sq ft, while smaller ones, around 1,000-1,400 sq ft, go for around $200 or less per suare foot.
I know some of this is location-based, as I've said, but I do see some outliers where there are bigger houses that aren't in the more expensive neighborhoods going for a higher amount per sq ft. So, my question is, do homes' prices per square foot ever increase with size, with all else kept constant? I've seen some posts say that it's usually the opposite, so I'm wondering if it can go either way depending on market conditions or if this increased price per square footage is driven entirely by other features such as location, features of the homes, etc.
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source https://www.reddit.com/r/RealEstate/comments/1l1gk7l/do_you_ever_see_price_per_square_foot_increase_as/
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