Home Appraisal Square Footage

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- Listing showed square footage of 1,760 sq. ft. but the appraisal shows 1,600 sq. ft. The difference is 160 sq. ft. x square footage appraisal rate of $193.75 a square foot. If my math is correct, that is a difference of $31,000.. - As a result, a buyer they may think their potential new condo is 1,600 sq. ft. because the "city says so." But when the appraiser comes inside the condo to measure, he 's usually using a "walls in" measurement which often yields a square footage lower than what the architectural drawings state.. - And architects and appraisers often calculate square footage by using exterior walls, which may conflict with a property 's GLA figure. Regardless of how you measure your square footage, be transparent when selling, and diligent when buying. If you claim that your home is 2,000 square feet based on your . - A typical appraiser will measure your home 's exterior for its gross living area, or GLA, which by some counts is a little different from square footage. A conventionally designed 2-story home measuring 30-by-30 feet with no ba.t would have 900 square feet per floor, so an appraiser would probably .

I talked with a home owner recently who felt like the appraiser undervalued his home since the detached in-law quarters wasn't included in the square footage in the .Four areas the appraiser will not include in your homes square footage. With everything else being the same a home with more square footage will always sell for more.. One of the most confusing and misleading metrics in real estate is area the "size" of a house..Material misrepresentation of square footage Find answers to this and many other questions on Trulia Voices, a community for you to find and share local information..

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