Market Intelligence · RET Frameworks
What Else Can the Same Money Buy?
Compare the total purchase cost with similar homes. A price cut does not automatically make a home good value.
Updated · The periods covered by the figures are shown separately.
The Question
What else can the same total budget buy? The October 2026 sheet offered Ritz West Palm Beach 2606 at $8,362,900 for 3,244 interior sq ft, or about $2,578 per interior square foot. The penthouse example was about $2,906. Even in the same project, the home you choose changes the price comparison.
What changed?
| Example | Source price / interior area | Calculated asking $/interior sq ft | Material difference |
|---|---|---|---|
| Ritz WPB 2606 - Oct 2026 | $8,362,900 / 3,244 | $2,578 | Flagler Drive / Intracoastal setting |
| Ritz WPB Penthouse B - Oct 2026 | $14,500,000 / 4,990 | $2,906 | Larger penthouse; different plan and exposure |
| Perigon 606 - May 4, 2026 | $12,545,000 / 3,808 | $3,294 | Oceanfront; $8,489.43/month historical maintenance |
| Perigon 1501 - May 4, 2026 | $30,500,000 / 5,774 | $5,282 | Different floor/plan; $12,695.42/month historical maintenance |
What it means for you
Perigon 606's $3,294 per interior square foot is roughly 27.8% above the Ritz 2606 example. But the sheets are five months apart and the beach access differs. That gap does not tell us how much the brand is worth or whether either home is mispriced. Get current quotes for similar homes and decide whether the extra space, setting and services justify the extra money.
Who Should Care
Between $8M and $13M, compare usable indoor space, outdoor space and annual costs before focusing on a price-cut percentage. Perigon 606 lists 2,240 exterior sq ft separately from 3,808 interior. Combining them would make the price per square foot look lower, even though a terrace and a room serve different purposes.
What RET would do next
For an existing home, compare the asking price with recent sales of similar homes. For a new development, get a current written quote for a specific residence. Keep differences in condition, services and water access visible. Opportunity Watch gives you a starting point for that comparison; it does not provide an appraisal or an offer price.
Worth Knowing
Broward houses sold for a middle figure of 96% of their original asking prices in September, and condos for 93%. Redfin's city figures use its own asking-price definition. Do not subtract either percentage from a current ask to set an offer. Earlier price cuts and new listings can change the asking price used in the calculation.
What to Compare
Compare a Rivage residence with another available beachfront home at the same total budget. Rita Collins' October 23 guidance starts Rivage at $13M, but does not identify a home offered at that price. Dividing that figure by the largest 12,600-sq-ft plan would create a price per square foot for an offer that was never made.
Sources and dates
- Ritz West Palm Beach: supplied October 2026 sales sheet and guide - Package received 2026-10-22; dated October 2026
- Perigon: supplied dated availability, interior areas and maintenance - 2026-05-04; supplied 2026-10-22
- MIAMI REALTORS + RWorld: Broward September 2026 - 2026-09
- Redfin: Weston, all home types, three months ending September - 2026-09
- Rivage: Rita Collins supplied presentation and deposit schedule - Package received 2026-10-23
Research reviewed October 23, 2026. Periods, geography and property type follow each source; asking prices are not closing prices, medians are not repeat-sale appreciation, and illustrated costs are assumptions. RET analysis is not an appraisal or a forecast. Property documents and current written quotes govern a transaction.
Bring the evidence into your decision.
Request a deeper RET reviewAsk RET uses dated published evidence and approved property readers. Availability inquiries remain a separate request.