Expensive house in the United States is not uncommon. The cost of some of them tens of millions of dollars. But the construction is not worth the money, I think many, talking about the inflated price of the house. The analysis carried out Izzy Romema, chief economist based in San Francisco, the company BuildZoom shows that the Central issue in the construction of real estate in some areas is not the construction of the building (construction, materials, design), and the acquisition of land for construction, the price of which significantly affects the final cost of housing. In the U.S. many exclusive plots of land for the right of construction which have to be overcome, and ultimately to put a considerable amount sometimes exceeds the budget of the construction.
In a structured Izzy Romema TOP 10 most expensive and exclusive zip codes in the country 8 positions went to districts in California. Third place ranking is a Boston (mA), and the ninth new York.
TOP 10 most expensive zip codes to buy land for construction
- 90402 Santa Monica, California (Average price of land: $3,726,709)
- 94129 San Francisco, California (Average price of land: $3,384,155)
- 02199 Boston, Massachusetts (the Average price of land: $3,279,320)
- 94304 Palo Alto, California (Average price of land: $3,258,118)
- 94027 Atherton, California (Average price of land: $3,138,884)
- 92067 Rancho Santa Fe, California (Average price of land: $3,044,653)
- 94028 Portola Valley, California (Average price of land: $2,885,414)
- 94940 Marshall, California (Average price of land: $2,812,671)
- 10013 New York, New York (Average price of land: $2,805,500)
- 94024 Los Altos, California (Average price of land: $2,736,498)
