How much does a lake house cost per foot? Well, wouldn’t you like to know! So would Realtors®, bankers, appraisers, sellers and buyers. The accurate answer to that question would make it so much easier to calculate value for potential listings, sales or loans. If you knew the going price per square foot, you would only need the house size, and voila, you would have the correct value.
As Coach Lee Corso would say, “Not so fast, my friend.” It’s just not that easy.
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