The Pros and Cons of average cost definition
The average cost of a home is what you’d expect to pay for the house, with the cost depending on the square footage, the number of bedrooms, the number of bathrooms, the number of bedrooms, and the amount of features of each room.
So if you have four bedrooms and a half bath, you’re going to pay $30,000. If you’re living in a one-bedroom house, you’re going to pay $19,900. A two-bedroom house will cost you $15,900.
A one-bedroom house is the average cost for houses that have one bedroom. A two bedroom house is the average cost for houses that have two bedrooms. So in this case, the average cost of a two bedroom house is 15,900. A one bedroom house is the average cost for houses that have one bedroom and two bathrooms.
That’s right, average.
One of the most confusing things about average cost is the fact that it’s not a percentage. It’s a number. So we can easily get confused in the case where there are two bedrooms.
The average cost of a two bedroom house is about $2,500. But if there are four bedrooms, that’s a lot more than the average cost of a two bedroom house, and even if you use the same average cost definition as a percentage, your estimate is pretty accurate.
In the case of the average cost, as a percentage or as a count, its a lot more complicated. If you take the same number of bedrooms, you can get a pretty good idea of the average cost of the two bedroom house. But its not just the one bedroom that matters. What about the other bedroom? If you put two bedrooms on, and one of the bedrooms is a bathroom, you are left with two bedrooms.
Even if you are only in one bedroom, you can probably get an idea of the average cost. You can’t do this for every room, but you can get an idea of what the average cost is for the total house.
When you get a good idea of average cost, its easy to start to do the math. That is what we did for our average cost calculation. We took the average cost of a house with four bedrooms, and figured out how much we could afford for one with two bedrooms and a bathroom. Since we only have two bedrooms and a bathroom, we could just decide to put the two bedrooms in the attic and leave the bathroom in the basement.
The average cost of a house is really just a number. We aren’t really in the business of estimating how much we’d need to spend to build a house, so we took the average cost of a house with a typical price and divided it by four. We also took the standard price of a house with two bedrooms and a bathroom and multiplied it by two, to account for the bathroom being a bedroom.