My situation is pretty different, but maybe some similar observations. I am looking at buying a home in the San Francisco Bay Area. I can not believe the price difference for a brand new house vs one that is a couple years old. I am looking in areas where most houses are over 50 years old. New houses come by the way of a replacement of a torn down old house.
Anyway, I am all about price per square foot.....and it seems that a house that has never been lived in seems to go for $100 more per square foot than a house that is relatively new at three years old. Keep in mind these houses go for $700 per square foot.
Anyway....kind of like buying a new car vs a slightly used one......a lot better value in a slightly used car.
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