San Diego Housing Prices in 2014
Housing Prices are on the rise in San Diego and many homeowners are adding valuable space to their existing homes.
San Diego home values have risen 10.9% in the past year in San Diego and the average home value in San Diego County is up to $502,000. Places like Zillow and Redfin predict housing prices will again rise at least another 6.3% in the next 12 months.
What does that mean for homeowners? Well, firstly, your home is worth more than it was in 2009 for sure! Secondly, if you’ve been waiting for this day for a while it’s a great time to think about adding space to your existing home to increase its value even more!
The average cost per square foot of a San Diego home is $363/sq.ft. New construction building costs vary from as low as $200/sq.ft. – to as high as $350/sq.ft. Even at the highest price for new construction it’s still a GREAT deal if you are considering listing your home on the rising market- for completely brand new beautiful space!
Call Ritz Design Build if you are interested in adding a San Diego second story addition or ground floor addition to your San Diego home. We’d be happy to provide you with a free estimate and complimentary 3D Design Build Computer Designs so that you can view your addition before you sign an agreement of any kind.
We’ll be happy to assist you in “making your dreams a reality” and increasing the value of your home!
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