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re: Am I being taken? Real estate question
Posted on 3/29/13 at 1:13 pm to LordSnow
Posted on 3/29/13 at 1:13 pm to LordSnow
quote:
Sounds no different than a finished basement and that would certainly be included in the living sq footage.
Negative.....appraisals go by "above ground square footage" as far as size of house. You will get SOME credit for the basement, but not full value of what the above ground sf is getting you.
2
Posted on 3/29/13 at 1:34 pm to Im4datigers
quote:I guess it depends? Our basement appraises at something north of $200/sq ft.
Negative.....appraisals go by "above ground square footage" as far as size of house
Posted on 3/29/13 at 1:37 pm to Im4datigers
quote:
it was calculated into the price at about half the regular square foot price.
quote:
appraisals go by "above ground square footage" as far as size of house.
Gotcha. I've seen listings that included the basement into the total square footage, but I don't now how that impacted the list price. Maybe that portion was priced at 50% like Ric suggested.
In any event, it sounds like the OP's buyer is trying to treat the sunroom like a porch or something, which can't be right.
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