Home Selling in 92122>Question Details

Greg Ragland, Home Seller in 92122

What is the average square footage price for townhomes in UTC San Diego 92122?

Asked by Greg Ragland, 92122 Tue Jul 17, 2007

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The average may be around 1000 sq.ft. but it depends on the amount of bedrooms. My listing at 4355 Nob el Drive, # 73, is way above average, especially price per sq.ft. It is 1881 sq.ft. and the price is only
$450 - 469000, an incredible deal for a beautiful townhome. It is very upgraded, has a 2 car attached garage and all the bells and whistles!! AN AMAZING DEAL, especially when you look at the comps!
Call me if intrigued at 619-301-8843
0 votes Thank Flag Link Sat Oct 9, 2010
Fred was correct about pricing being unique to a complex. Things that affect the value of a unit in a complex are: location, amenities, HOA dues, age of the complex, the proximity of the unit to the amenties, views, etc.

However, in general:

1BR/1BA, approx 677 sqft units average about $378/sqft.
2BR/2BA, approx 1061 sqft units average about $403/sqft. (This one is strange because, theoretically, the price per square foot should go down as the square footage goes up. Or conversely, the price per square foot should go up as the square footage goes down.)
3(+)BR/2(+)BA, approx 1807 sqft units average about $370 sqft.
0 votes Thank Flag Link Wed Jul 25, 2007
The average per sq/ft price in UTC area is doing to be in the $350-380 range. It does depend on the size as the price per sq/ft goes down as the unit gets larger. This is not the best way to compare however. Townhomes/condos are quite different than homes in that the values are derived at by re-sales in the SAME complex/community. In some complexes values might be $300 while in others $400 per sq/ft. To get an accurate number you need a professional (like me) to do a "comp" to figure out the market value of a given property. Hope this helps!
0 votes Thank Flag Link Tue Jul 17, 2007
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