How To Find A Great Value At PGA West

Nickluas Tournament Course homes at PGA West

The PGA West golf community in La Quinta features about 2,400 homes and luxury condos in seven gated communities. As such, PGA West is the largest golf and resort lifestyle community in the Palm Springs real estate market. So how does one go about comparing homes like and finding the best values at PGA West?

There is a simple formula that experienced Realtors use that’s useful when comparing similar properties. By dividing the listing price by the square footage we arrive at the listing price per square foot of each property.

Price Per Square Foot Is A Great Way Of Comparing Properties

Using this formula a 2,800 square foot home listed at $650,000 is priced at $232 per square foot. And down the street a similar property priced at $720,000 offering 3,200 square feet works out to $225 per square foot. In this case the larger home appears on paper to be a better value.

For buyer’s, this would be our starting point in negotiations for either property. The next step in would be comparing the listed price of each property with actual selling prices per square foot of similar PGA West properties over the last six months.