Amazing, when you try to be intelligent you continually fail. Sure I know everything about comparing indivdual homes and that 44 ft doesnt necessarily add a specific dollar amount to a specific home. We are not looking at individual homes my dopey colleague, we are looking at averages for thousands of homes. The point that we are comparing a hypotentical larger home at lower price to a hypothetical smaller home is entirely relevant.

Here’s one more fatal flaw in your argument. You stated at the outset that you were using the average size house not the median size house. If you are looking at the average sized house you need to look at the average sales price also which is over $700,000 making my offer of $300/ sq ft very generous.

I ask again, you are in the field and have real examples you can provide about what you are seeing values come in on refis of homes that were purchsed 2 and 3 years ago. Stop with the hypothetical nonsense, the industry blabbery and talk from experience. That is if you actually are still doing any business bonehead.