If you are speaking of Berkeley, which includes zip codes 80211 and 80212, then you are primarily talking about comparing vintage housing. Price per square foot is never used for comparison with vintage housing, as there are too many variables that affect it, particularly in neighborhoods with such a wide variety of homes sizes. The average PSF for a 1800 sqft 2-story Victorian will be vastly lower than that of a 850 sqft Bungalow, and in nearly every Northwest Denver neighborhood, they can exist right next to eachother. PSF does not take into account a basement, basement finish, quality of above grade finish, system updates, a garage, lot size... you get the picture. You can see why Brokers who specialize in vintage housing rely on comparable sales only, not PSF, to determine home values. Appraisers don't use PSF to determine values of vintage homes either.
If you would like a neighborhood specialist to assess the value your home, I would be a good choice. No one does more resale business in 80211 or 80212 than I do, and I would be happy to come by.... more
I would have you call a Lender who can help you with all your questions and get you any information you need to get going. Please go to my site and I have several you can speak with that can get you in the right direction. I do a ton of REO, Short Sale and Foreclosed Property and there are Lenders who can help.... more