For those of you interested in taking on this daunting task:
Changing Postal Zip Code Boundaries
Average $ per square foot is deceiving, Mark. In Venice most of these recent sales are on property value with an eye on flips. 90292 houses are on average 1,500 sq. ft. bigger than their 90291 counterparts. Moreover, as of today, RedFin has SFRs in 90292 @ a $2.8m average, compared to only $2.1m for 90291.
Sure, I accept that those are factors. It’s not clear, without looking at more data, whether those factors alone would drive such a large disparity in $/ sq. ft. Anecdotally, I would say that Venice is perceived as more desirable among an affluent, younger demographic (which will become more important as Silicon Beach continues to evolve…check Google/YouTube stock this week..;-)).
Average per sq ft. 90292 = $610
Average per sq ft 90291 = $907
Sandy, Harrison and I spoke this morning. Keep 90292!!!!!!!!!
Sent from Michael’s iPad
I agree. I was simply responding to a Silver Strand resident’s enquiry.
Don’t know benefit and it will be costly to individuals and businesses that have zip code on their stationary and advertisements.
Do you support this change Sandy? If so, please explain…………….Thanks…………..Nora
No. I was simply responding to a reader’s query.
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