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Thread: Comparison: house price in China &US
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[quote=ROGERINCA,35992]Ok, I think we are getting figures confused here; for those of us who are unable to think in ’metric’ terms. LOL First, in the USA, [one] component of existing home valuation is its size. Moreover, as you know, in America, we do not use the metric system. Home valuations by size, are computed in square feet (sq. ft.) with the average medium sized home being in a range of approx. 1600 to 2000 sq. ft. (approx. 149 to 185 sq. meters). Conversion: 1 sq. meter = 10.76 sq. ft. 100 sq. ft. = 9.29 sq. meters. An average size home in the USA is 2000 sq. ft. which is equal to 185 sq. meters. In addition to size, the location of the home (State, City, neighborhood) is a big factor on its pricing, as well as the condition of the home. :) [/quote]
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