Separate the areas.
Check the floor plan for indoor rooms and outdoor space before using a single price-per-square-foot figure.
A closer look at penthouse pricing, outdoor space and the details that shape a buying decision.
PRICING / OUTDOOR SPACE
A roof terrace adds real space, but treating it exactly like an indoor room can distort a comparison. This piece examines how indoor and outdoor areas, recent sales and buyer alternatives affect a pricing discussion.
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Check the floor plan for indoor rooms and outdoor space before using a single price-per-square-foot figure.
Comparable transactions in the same development provide a more useful starting point than an asking price alone.
Layout, terrace usability and competing homes matter when deciding what a buyer may pay.