Home Buying in Las Vegas>Question Details

Michael F. B…, Both Buyer and Seller in Las Vegas, NV

How much does a house cost per sq ft?

Asked by Michael F. Brown, Las Vegas, NV Sun Jun 2, 2013

Is it something like 250 dollars a sq ft for a standard house and 350 dollars a sq ft for luxury houses

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Answers

6
There is no standard cost per sq ft. It depends on the area, size, year and comparable homes sold within the last 6 months in the area. The first step to buying a home is getting pre-qualified with a lender and figuring out your price range once you know that I can help you find the perfect home for your needs.
Please feel free to contact me directly to better assist you.
Thanks,
Elly Gramatikova
(702) 234-2219
Black and Cherry Real Estate Group
RealEstateElly@gmail.com
http://www.RealEstateElly.com
0 votes Thank Flag Link Fri Aug 9, 2013
There is no standard cost per sq. ft. It depends on the location and the construction of the house. It certainly would cost a lot less to build a house in Indiana than it would cost to build the exact same house in Honolulu.
0 votes Thank Flag Link Mon Jun 3, 2013
I think the median home is more like $117 a sq ft. Most escrow companies can give current info.

At $250 you are looking at country club or guard gated communities or even custom homes.

Search: http://www.Las-vegas-real-estate-home.com


Regards,

Phillip Scheinman, ABR, GRI, E-PRO
Broker * Sales Agent * Realtor
Realty One
2831 St. Rose ParkwaySte. 100
Las Vegas, NV 89074
Direct: 702-580-9198
Fax: 702-614-9337
E-mail:smokey25@cox.net
http://www.PhilScheinman.com
0 votes Thank Flag Link Sun Jun 2, 2013
Hi Michael- Answers below are good and as they state price per sqft varies widely from zip code to zip code in our area. 250-350 a sqft would be high in my opinion for a home under the 500k mark but can vary. Most of what you would see in are valley would be under those numbers. If you have a specific area in mind I can give you accurate price per sq ft over the last year and show you how it has been trending.
Thanks,
Dave
0 votes Thank Flag Link Sun Jun 2, 2013
Price per foot is not always accurate in our market. We are seeing prices mid-60's and up. All depends on location and amenities. What is it you are looking for? Are you a cash buyer, or will you need financing? Give me a call, I would be honored to answer any questions that you may have. I can be reached anytime at (702) 370-9833.
0 votes Thank Flag Link Sun Jun 2, 2013
What is your question exactly? Price per SF is not an accurate way to determine a home's cost or value, or affordability. If you think about it, it's all about math. Cost per SF is primarily used for new construction. It's not accurate for resale homes since it doesn't take into account upgrades, location, condition of the property, etc. If you're trying to figure out what you can afford, you need to talk to a lender who can review all of your financial info, and will give you a total $$ figure on what you can afford, based on different loan options available to you.

Here's an excellent explanation on Price per SF:
http://homebuying.about.com/od/marketfactstrends/f/062408_pe…
Web Reference: http://www.sallygrenier.com
0 votes Thank Flag Link Sun Jun 2, 2013
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