09/21/2026
Normal houses are 𝘣𝘰𝘳𝘪𝘯𝘨. 😏
If we aren’t giving the appraiser at least one new gray hair, are we even trying?
Here’s the part the Real Estate Bible leaves out: comps are evidence of what the market has already done. With truly unique properties, sometimes the harder question is figuring out what the market could be convinced to do next.
That’s where positioning, scarcity, psychology and good old-fashioned experience start earning their keep.
For a little perspective: one of Siesta Key’s recent trophy sales (sold by our dear friends and colleagues Kim & Lynn) traded around $21M CASH... roughly $1,800/SF. And before you even THINK 'that seems low'..... take note it was TWELVE THOUSAND sqft =).
At that altitude, the calculator still matters.
It just doesn’t get the final vote. 😏
Cheers!