Quote:
Originally Posted by iheartthed
I don't think it would necessarily decrease the price per square foot. I would actually expect the price per square foot to increase, but the average price per unit to decrease.
|
If it’s about turning SFH into multi-family, it would create more units not larger units, so price per unit and price per square foot would move in the same direction (down). There would just be a greater number of units and more aggregate value.