What is the purpose of personal living spaces and what determines their value there of?

The basic purpose of a residences is essentially to provide shelter and protection from the elements of weather.

What is needed and a place to do it for a life style of living comes there after.

When these needs within the financial, location, weather, market, et cetera circumstances of acquiring are met, what is or determines a residential value worth?

Residences are for living.

Residences are not made to grow crops, manufacture items, or provide services as a business and are not investment stocks.

What makes for the quality of life style activities is the value of a where one lives.

While the cost and number of square feet are dwelling financial aspects how such spaces are used are the value.

Food for thought.