Averaging Apples & Oranges Here’s some no-brainer real estate advice: if you can find a 1,113 square foot Manhattan condo for $200k . . . grab it! Ditto for a 713 square foot condo in San Francisco for $200k. Of course, in real life, those properties would likely fetch 6x – 8X(!) that amount. Lies,...Read More
Man Bites Dog — Real Estate Edition; or How Big is Too Big?* First, a stipulation: in my experience selling residential real estate in Minnesota for over a decade, something like 95% of the time a listed property’s square feet on MLS is accurate to within a few percentage points, max, of the actual square feet....Read More
How Many Square Feet is THAT?!? At first blush, the home pictured above looks like it has something like 30,000 finished square feet, not the relatively puny 4,400 FSF listed on MLS — and is worth A LOT more than the $2.15M asking price (even in the affordable Midwest, genuinely palatial digs cost more than that). Looking more closely,...Read More
