Why Price Per Square Foot Is the Wrong Way to Value Your Vacation Home

evaluation

When it comes time to sell your home—especially a vacation property near Disney, you’ll hear one phrase over and over:

👉 “What’s the price per square foot?”

It’s often the first question from buyers, investors, or even agents. And while it might seem like a reasonable way to get a ballpark figure, as someone with over 20 years of experience in professional property valuations and BPOs (Broker Price Opinions) for banks, I can tell you this:

Pricing a home solely on price per square foot is not just inaccurate, it can significantly undervalue your property.

And if you’re a seller, that could cost you thousands.

🔎 What Is Price Per Square Foot?

In its simplest form, price per square foot (PPSF) is calculated by dividing a home’s sale price by its total square footage.

For example:

  • Home sells for $400,000

  • It has 2,000 sq ft

  • PPSF = $200/sq ft

Easy, right? Maybe too easy.

⚠️ Why Price Per Square Foot Doesn’t Work for Resale Homes

PPSF might have some value when you’re comparing new construction homes in the same community, where every model is nearly identical. Think: same builder, same upgrades, same floor plans, same materials. In that context, it’s a decent apples-to-apples tool.

But resale homes? Especially in the Disney vacation market?

It’s not even apples to oranges, it’s apples to pineapples.

Here’s why:

🛠️ 1. Upgrades and Custom Features Add Real Value

Homes in this market often come with unique upgrades:

  • Extended pool decks

  • Upgraded flooring

  • Quartz or granite countertops

  • Themed bedrooms

  • Smart home technology

  • High-end furnishings

  • Energy-efficient systems

  • Custom landscaping

These aren’t fluff, they’re real assets that affect both buyer interest and resale value. PPSF completely ignores this.

Real example: I recently listed a home in the Disney short-term rental area that had an extended deck, premium outdoor seating area, upgraded appliances, and was immaculately maintained. The seller had invested not just money, but love, into the home. Pricing her property using PPSF would have severely undervalued it.

Instead, I completed a full valuation, included every enhancement, and we were able to price the property properly and sell it at a premium. That seller was thrilled that I didn’t lump her home into a basic square-foot formula.

🧼 2. Condition and Maintenance Matter

Two homes might be the same size but their condition could be night and day.

Well-maintained properties often:

  • Show better in photos and tours

  • Appraise higher

  • Attract stronger offers

  • Move faster on the market

Yet again, PPSF doesn’t capture this. A 2,000 sq ft home with 15-year-old carpets and scuffed paint shouldn’t be compared to a pristine, upgraded, loved home of the same size.

🌐 3. Lot Size, Location, and Community Perks Matter

  • Is the property a corner lot?

  • Does it back onto conservation land or water?

  • Is it walkable to resort amenities or parks?

  • Is it zoned for short-term rental vs. residential only?

These factors impact perceived value, buyer interest, and actual sales price. And guess what? Price per square foot ignores all of it.

🧠 Accurate Valuation Requires Expertise

As someone who has worked on hundreds of BPOs for banks and institutional clients, I know that true market value comes from a combination of:

  • Local sales trends

  • Inventory levels

  • Seasonal buyer demand

  • Property condition and upgrades

  • Community reputation

  • Buyer psychology

It takes experience, local knowledge, and a detailed eye to get pricing right. And that’s exactly what we deliver at Vacay & Co Real Estate.

💡 Why This Matters Now More Than Ever

We’re in a shifting market. Inventory is rising. Buyers are more selective. Accurate pricing can mean the difference between:

✔️ Getting multiple strong offers
❌ Or sitting stale on the market for months

Working with a specialized broker who understands both the emotional value of a well-loved home and the data-backed strategy behind pricing is critical.

👩‍💼 Why Sellers Choose Vacay & Co Real Estate

  • 20+ years of deep local market experience

  • Specialization in the Disney-area vacation home market

  • Accurate, data-backed property valuations, not cookie-cutter estimates

  • Knowledge of how to price beyond the square foot

  • Expert negotiation that brings you the best price and the best terms

We’re not just listing agents, we’re strategic advisors who know how to position your home to stand out and attract serious buyers.

📣 Final Thought

If you're thinking about selling your Disney-area vacation home, don’t settle for a generic square-foot calculation. It might be easy, but it won’t serve you.

Instead, work with a brokerage that knows how to highlight your home’s unique features, tell its story, and maximize your return.

Vacay & Co Real Estate delivers results that reflect the real value of your home—not just the number of feet it takes up.

📩 Ready for a personalized property valuation?
Let’s talk: www.vacayreflorida.com/propertyevaluation