Physical Attributes Inconsistently Correlate to Value

Price_Spread_Neighborhood
Please click this link to see the excel spreadsheet demonstrating how the physical attributes of homes don’t consistently correlate to value, even when you control for location, style, and size. This is an actual case study from a Metro Denver Neighborhood. Depending on the homogeneity of each neighborhood, such as very similar builder tract homes, or older areas with some original homes but also some scrapes with new custom homes integrated, you can see a 30% to 300% spread in values per square foot.