[quote=recordsclerk] There has been a lot of talk about single story coastal homes having a huge premium. I would guess that the value of land has a lot to do with the premium since single story homes have larger footprints.
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during the peak view premiums and single level premiums were significantly higher compared to now. since most of the coast still have not dropped significantly, these premiums are therefore still quite above the much more logical premium demonstrated by Toll’s pricing.