According to HouseTracker.net, the average home price in the greater Phoenix area is $243,000; which is down from $300,000 just one year ago today. The market is down, but there are silver linings if you know where to look.
Remodeling and construction costs are down, too. The average price per square foot (psf) of a home with enough land for a room addition in Phoenix is approximately $150 psf. The average price to add space (300 sf) to a home is $115 psf.
I’ve been in remodeling since the mid…
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Posted on September 22, 2008 at 11:13am — 1 Comment
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