Analyzing and Comparing Million Dollar Homes
Location
|
View
|
Waterfront
|
Acreage
|
Amenities
|
Style
|
Cost P/SF
|
Improved Living Area
|
Fox Island
|
Hale Passage
|
Yes, 100'
|
2.324
|
150' Dock
|
Cabin
|
$
514.98
|
2,136
|
Fox Island
|
Neighborhood
|
None
|
1.391
|
Sports Court
|
Designer Cape Cod
|
$
275.76
|
4,261
|
Wauna
|
Sound View
|
Community Beach
|
1.019
|
Gated Community / Bel Mar Estates
|
Rambler
|
$
234.31
|
5,100
|
Bonney Lake
|
Mt Rainier
|
None
|
1.55
|
Secluded Lot
|
Modern 1 1/2 Story
|
$
312.42
|
4,145
|
Spanaway
|
Mt Rainier
|
None
|
2.58
|
Equestrian Property
|
Stylish 2-story
|
$ 277.25
|
4,779
|
Lake Tapps
|
Lake Tapps & Mt Rainier
|
85'
|
0.297
|
Lakefront Dock w/boat launch &
lift
|
Contemporary & Modern 2-Story
w/Bsmt
|
$
428.98
|
3,485
|
Gig Harbor
|
Territorial
|
None
|
21.48 Acres / Potential for
Develop-ment
|
Equestrian Property w/Separate
Guest House
|
Dutch Colonial 2-Story w/Bsmt
|
$
652.57
|
2,720
|
Gig Harbor
|
Sound View
|
97' High Bank
|
1.605
|
Waterfront Home
|
Newer 1 1/2 Story w/Bsmt
|
$
283.56
|
7,741
|
University Place
|
Sound/Olympic Mountain Views
|
None
|
0.421
|
Pool & Heated Patio Flooring
|
Luxury Single Story
|
$
395.04
|
5,569
|
The purpose here is simple to demonstrate the various areas,
styles and types of properties which fall into the upper price range. Obviously, a buyer who wants a residential
home in a gated community isn’t going to consider an equestrian acreage. But if getting a good value for your dollar
is important, an analysis such as this can be very helpful. However, if you’re the type of buyer who can
purchase whatever is appealing, value probably isn’t a concern and a comparative
analysis wouldn’t be important.
Whichever category you might fall into, I’d be happy to
assist you in preparing such an analysis.
As mentioned previously, my name is Ken Thiemann and I’m available at kthiem@msn.com or on my cell at (253) 370-5626. Many Blessings to you and yours always.
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