You can devise the cost of real estate based on two main factors outside of square footage in the US. The average income of nearby employment and quality of sch

You can devise the cost of real estate based on two main factors outside of square footage in the US. The average income of nearby employment and quality of schools. Suburbs are much, much, much cheaper than urban areas when they are not near high income employment or have quality school districts. Suburbs near(meaning commute time) high income employment and quality schools are as expensive, if not more expensive as urban areas when controlled for square footage.