Whether you’re a seasoned investor or just in search of a home with good value, sorting properties by price per square foot can save you a lot of time.
Here’s how it works: Request the average price per square foot for your local market from your realtor, based on the type of home and number of bedrooms you’re interested in. Then, compare this to the prices of other active listings.
For example, I recently helped a client by sorting properties based on price per square foot, which streamlined their search and identified homes with better value.
However, while this method is effective, remember to account for additional costs like renovations, repairs, and terms. An expert’s opinion can help you evaluate these factors and ensure you’re getting the best deal possible
