New Construction of Single Family Homes Picking up in Sedona

http://www.sedonafinehome.com/Housing-Starts.html
The cost of building new is now beginning to compete with the cost of buying an existing home. Prices of new homes ranging between $380,000 and $750,000 depending on size and finishes, have an average price per sqft of $260. By comparison, existing homes are listed at an average of $200/sqft.The economic case for building new versus buying an existing home becomes more compelling at the high end of the market as it commands higher prices per square foot.



---Steve