Every good agent knows you should only compare "apples to apples". This means we do not do CMAs with 2 story vs. 1 story, just as the value of 1 BR/1BA condo w/ a garage is very different for one without a garage. Price per square foot is just one indicator, but not the ultimate defining factor of VALUE. It would be better to compare all "like" condos w/ garages and also compare all "like" condos without garages.
Here's the other things you can look for in determining VALUE:
- LOCATION! Is one on a busy street vs the other on a cul-de-sac?
- How many days does it take to sell condos w/out garages vs those with?
-Were there any improvements or upgrades, views that would make one more appealing?
-What are the HOD's?
-What kinds of ammenities for living in that particular area? Golf? Jogging paths? Shopping?
Feel free to reach out if you need further assistance.