I know what you were thinking you perverts, but I’m talking about how square footage is measured. Have you ever walked through two similar homes with two very different square footages listed but felt both houses were about the same size. Well, you were probably right. The fact is that there’s more than one way to measure the square footage of a property. You can measure from the inside of the home and also from the outside of the home. The method used in measurement could have a significant impact on the results. Real estate insiders have been playing this game for years so be warned. On top of that, the square footages in the county tax records are not always correct either. Appraisers, builders, and architects have no uniform method to come up with square footage so they just use the one that benefits them. So that price per square foot everyone likes to use may not be so accurate when comparing two similar properties. Size does matter in real estate but which size do we use. We really need a standardized method for this. How hard can it be?
Size Matters in Real Estate
January 13th, 2008 · No Comments
Tags: Real Estate Tips