Why Do Custom Contemporary/Modern Homes Often Command A Premium Price Per SQ/FT?
Posted by Shane Vanderson on
First, there is a difference between modern and contemporary architecture. While there are often design elements found in one another styles, for the purpose of this article I’m going to mash the two together as often is done by others.
Supply and Demand:
As always, one of the biggest factors in market value comes down to supply and demand. Every area is different, but here in Tampa Florida, we simply do not have many high-end contemporary homes on the market. Supply is low, and demand continues to grow for these special properties. When demand is higher than supply, prices will usually be higher.
Craftsmanship and quality:
As with every builder and architect, craftsmanship and quality will differ, but in general contemporary homes should be…
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