The prices in real estate in Winnsboro, in the Texas region have had a strong rise in the last couple of months. The real estate prices for second hand homes have gone through a strong increase in this city.
The price per sq.feet in Winnsboro has increased strongly during the last 6 months. In September, the average price per sq.feet was $168. In October this price pretty much remained the same at a value of $175 per sq.feet. The price for the following two months in (November, December) had a considerable increment of 223 %. The price per sq.feet has had a considerable increase of 156 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.feet of $277 to $432.5 during January, and February.
Based upon to the price in Winnsboro (cities), these have remained the same in the last 6 months. The price in September is $369,413, rising in October till $398,448. In the following two months the average price has remained the same with regard to the previous two months from $383,930.5 to $374,431. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $379,180.75 and $385,921.5 between January and February.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $392,474 they are 53 % more affordable than the average price for Winnsboro. The properties with the highest average price have 4 bedrooms, Their price is 37 % more costly than the average. After that we have properties with 3 bedrooms priced at $329,943.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $154 / sq.feet, with an average $696 / sq.feet price in Winnsboro. The properties with the lowest average prices have 4 bedrooms. They are 73 % cheaper than the average followed by properties with 1 bedroom with a price at $172 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $392,474 it is 14 % cheaper than the average price in Winnsboro. "Detached House" is seen as the second most affordable property type. The dearest property type is "Land" followed by "Mobile Home". At a price of $470,610 it is 103 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Mobile Home" at an average cost of $140 / sq.feet followed by "House" priced at $158 / sq.feet. "Land" is the cheapest type of property with a $212 / sq.feet value followed by "Detached House" with an average price of $173 / sq.feet.