[euroinvest]

Originally Posted by Stephendxb

Gashead,

Pricing can be atributed to many factors, the important thing is to follow trends and averages, sometihng I do. A 1 bed for example is more expensive than a 3 bed per square foot, so it would also depend on what is being sold. New pricing is in the region quoted, so if you can pick up a distressed sale (in the right location) you will do well. As the development progresses you will see the prices raise further. the 1400 to 1500 range per square ft is a conservative figure. I would not be suprised to see some development sales in the region of 1750in the 1st and 2nd qtrs of 2009.

Where would one look for distress sales?