What is the average cost per square foot for Tennessee?

Answer 1

I assume that you mean homes and not the actual state. I don't know what type of home you are looking for or if you mean overall average. I'd do a bunch of research but you can do this one for yourself. Look at the prices of homes that you are interested in. Take the price of the home, ($100,000) and the square footage (2,000) and divide the price by the square footage. In this case 100,000 divided by 2,000 equals 50 or $50 dollars per square foot. Then you can average. Do this for as many homes as you want. Then add the price per square foot together from all the houses you used and divide by the number of houses that you used. That is the average price per square foot for your target area. The only problem is that the land is included in the price of the house for sale so you would have to use homes that were on the same size parcels. You could search the tax estimates at your local tax office for a more accurate idea. Tax information is public knowledge. I hope this is what you were after. Have a blessed day.