{"id":119,"date":"2012-11-11T22:52:50","date_gmt":"2012-11-12T06:52:50","guid":{"rendered":"http:\/\/julianalee.com\/blog\/?p=119"},"modified":"2012-11-11T22:52:50","modified_gmt":"2012-11-12T06:52:50","slug":"buy-or-build-a-new-house","status":"publish","type":"post","link":"http:\/\/julianalee.com\/blog\/buy-or-build-a-new-house\/","title":{"rendered":"Buy or Build a New House?"},"content":{"rendered":"<p>Have you tried to decide between buying a new house or having one built? If you invest the time and money in building a new house you will want to have some confidence that spending the money to build it will create value which can be sold.<\/p>\n<p>I&#8217;ve looked at homes which sold\u00a0with a listed\u00a0age of 0 years, then found the previous sale. I&#8217;ve plotted the increase in sales price per square foot. For Palo Alto most of the newly built homes have been showing increases of over $400 per square foot since the beginning of 2011. If you can build your new home for around $300 per square foot, you stand an excellent chance of having your home worth more than it cost you to build it.<br \/>\n<a title=\"Increase in sales price of new Palo Alto homes\" href=\"http:\/\/julianalee.com\/palo-alto\/new-palo-alto-homes.htm\" target=\"_blank\">http:\/\/julianalee.com\/palo-alto\/new-palo-alto-homes.htm<\/a><\/p>\n<p>However if you look at Sunnyvale the story is quite different. Very few records were found. Those that were found all show increases of less than $350 per square foot.<br \/>\n<a title=\"Increase in sales price for new Sunnyvale homes\" href=\"http:\/\/julianalee.com\/sunnyvale\/new-sunnyvale-homes.htm\">http:\/\/julianalee.com\/sunnyvale\/new-sunnyvale-homes.htm<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Have you tried to decide between buying a new house or having one built? If you invest the time and money in building a new house you will want to have some confidence that spending the money to build it will create value which can be sold. I&#8217;ve looked at homes which sold\u00a0with a listed\u00a0age [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_uag_custom_page_level_css":"","site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[27],"tags":[39,28],"class_list":["post-119","post","type-post","status-publish","format-standard","hentry","category-buying-a-home","tag-building-a-new-home","tag-buying-your-home"],"jetpack_featured_media_url":"","uagb_featured_image_src":{"full":false,"thumbnail":false,"medium":false,"medium_large":false,"large":false,"1536x1536":false,"2048x2048":false},"uagb_author_info":{"display_name":"Jeff JulianaLeeTeam","author_link":"http:\/\/julianalee.com\/blog\/author\/webmaster\/"},"uagb_comment_info":0,"uagb_excerpt":"Have you tried to decide between buying a new house or having one built? If you invest the time and money in building a new house you will want to have some confidence that spending the money to build it will create value which can be sold. I&#8217;ve looked at homes which sold\u00a0with a listed\u00a0age&hellip;","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"http:\/\/julianalee.com\/blog\/wp-json\/wp\/v2\/posts\/119","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/julianalee.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/julianalee.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/julianalee.com\/blog\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"http:\/\/julianalee.com\/blog\/wp-json\/wp\/v2\/comments?post=119"}],"version-history":[{"count":2,"href":"http:\/\/julianalee.com\/blog\/wp-json\/wp\/v2\/posts\/119\/revisions"}],"predecessor-version":[{"id":122,"href":"http:\/\/julianalee.com\/blog\/wp-json\/wp\/v2\/posts\/119\/revisions\/122"}],"wp:attachment":[{"href":"http:\/\/julianalee.com\/blog\/wp-json\/wp\/v2\/media?parent=119"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/julianalee.com\/blog\/wp-json\/wp\/v2\/categories?post=119"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/julianalee.com\/blog\/wp-json\/wp\/v2\/tags?post=119"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}