Recent closings show how much room local buyers have been paying for
If you are trying to balance budget and square footage in Edgewood, WA, I would look at what buyers just accepted rather than chasing ideals. Over the previous 30 days, the typical closed home was 1,673 square feet at a typical sold price of $610,000.
That pairing gives buyers a practical center line. In Edgewood, WA, it tells me the recent market has supported a mid-sized home at a meaningful price point, but the town still shows a lot of variation. Over the last 3 months, closed homes with reported living area ranged from 1,388 to 3,856 square feet, so there is no single formula that covers every property.
What I would watch closely is how the price per square foot lines up with the actual utility of the home. Last month, the typical closed level was $308 per square foot, and the recent 3-month middle point was $309. That keeps the comparison honest. If one home asks materially more, I want to see better space, stronger condition, or a more compelling overall package.
Decide how much house you truly need before you chase the biggest option available. Then compare the serious contenders against recent Edgewood, WA closings on both total price and relative value. I would make the tradeoff on purpose, not by accident after you fall in love with extra space that does not improve your move.
