FollowBefriend7 threads11 comments Followed by 0Following 0Ignored by 0Ignoring 0Ignore peninsulabuyerAliasesIn United StatesRegistered Feb 23, 2012
peninsulabuyer's most recent comments:
A comparable property (bigger sqft) sold 15 days ago in the same complex for 755K ($337 per sq ft).
http://www.redfin.com/CA/FREMONT/4089-FENNEL-TER-94538/home/26844959
If I apply this (337 per sq ft) the price is coming down to 621K!
How important is per sq ft when comparing two identical houses but with different sq ft?
I am very confused on what is the significance of per SQ FT price?
If it is NOT important why do all real estate listings show it?
e-man, The seller probably will pay 6% as commission. So I do not think he is going to get a 10% return unless I am missing something.
Thanks everyone! As E-man pointed out, it all depends on what is the future appreciation of this house. It is indeed a big IF. Irvington is an okay area.