value per square foot

value per square foot

A method of pricing land when it becomes very valuable. Rather than quote $1,176,120 per acre, which is a bit awkward, value will be expressed as $27 per square foot in this example. There are 43,560 square feet per acre: $27 X 43,560 = $1,176,120.

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Dubai's first of its kind -- a wellness community project that would change the face of the real estate arcade in Dubai, for which we believe home must not be measured by value per square foot, but by the happiness, wellbeing, and experience it gives its residents.
Old rectories offer far more value per square foot than barn conversions
Fitch anticipates the company's real estate could be worth more than $1 billion, assuming a market value per square foot of approximately $49 for distribution centers and $97 for retail stores, and that the net proceeds from potential sale leaseback transactions would be used for debt paydown.
Joville endeavors to be the gold standard for the mid-segment housing segment in India, through homes that empower the customer with the best of everything and offer the maximum value per square foot.
Both provide significantly better value per square foot than any prime London property of similar size.
So, setting aside any differential in value per square foot attributed to the 10,000-square-foot difference in size, and with all other things being equal, if Parcel A recently sold for $500,000, it is reasonable to assume that Parcel B has a value of $400,000 since Parcel A sold at a price of $10.00 per unit (square feet).
"As real estate gets harder to find and more expensive, larger retailers are looking to get more value per square foot by shrinking the store size while maintaining their product offering," says Bud Morris, president of Canada's Best Store Fixtures, which supplies a variety of retailers across North America with fixtures and other merchandising vehicles.
From innovative design and superior construction, to homeowner satisfaction, American West's homes offer exceptional quality and the best value per square foot of any home builder in Southern Nevada.
"As a result, we're helping the owners get more value per square foot than before the renovation."
The indexes provide a dollar value per square foot of specific damage categories (e.g., total loss, near-total loss, interior flooding, structural damage or roof damage).
Sure, a better value per square foot can be offered, but a lot of rental prospects still want to live in a more deluxe property.
"The net effect from a valuation perspective will be typically higher retail sales per square foot, higher rent per square foot and a higher value per square foot. For the appraiser, the recognition of obsolescence between a state-of-the-art shopping center design and that of an older shopping center is what makes our profession so challenging," Ramsland says.