Quote:
Originally Posted by Susie Cougar
You really cannot compare a resale to a newly built house. The numbers do not have to make sense to you, but it’s what people are willing to pay right now.
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I don't disagree with you on that
The same person I mentioned is moving to Florida into a new build down there, those details I'm not totally up to speed on but will ask him.
I do know he's paying about 765K for 2600 sq/ft with the pool and Leni right on a golf course around Sarasota. (it is not a 55 and older).
If I do a quick calc based on a guess of 100k for land I'm at 665K for 2500 sq/ft = $266.00 sq/ft.
I'll call it good with this post unless I figure out where I'm going wrong - I'm a numbers guy and just not getting it. I never claimed to be the smart guy in the room....
Thanks for the good discussion