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When talking price per sq. ft. of a house
Posted on 4/4/18 at 10:10 pm
Posted on 4/4/18 at 10:10 pm
is that normally living sq ft or total under roof sq ft?
Posted on 4/4/18 at 10:13 pm to AncientTiger
Yes but I’ve seen in Houston, Orlando and Atlanta that they shy away in using $/sq.ft living area and breaking out living vs. under roof sq.ft.
Good luck.
Good luck.
This post was edited on 4/4/18 at 10:14 pm
Posted on 4/4/18 at 10:14 pm to Jack Daniel
Living
Anything under 300/sq ft poor AF
Anything under 300/sq ft poor AF
Posted on 4/4/18 at 10:14 pm to Jack Daniel
Talking price with builder = living (heated and cooled) space
Talking about the size of your house on Facebook, etc. = under roof
Talking about the size of your house on Facebook, etc. = under roof
Posted on 4/4/18 at 10:15 pm to Cosmo
quote:
Anything under 300/sq ft poor AF
Tee hee
Posted on 4/4/18 at 10:16 pm to Jack Daniel
Also the living area is calculated using outside measurements meaning it includes all of the exterior walls surrounding the living space. This can be as much as a couple of hundred of square feet or more.
Posted on 4/4/18 at 10:35 pm to Jack Daniel
sounds like you're specifically referring to a house... but to be sure, just want to mention it may be different with apartments, depending on where you are.
... not sure how other big cities do it, but both with residential & commercial, real estate owners in NYC screw over prospective owners/renters. They like to use the term "rentable square feet". Using made up numbers for an example, you might be looking at what should be 1000 sq ft of living area or commercial space, and they'll call it anywhere from 1300 to 1500 rentable sq ft, citing the "loss factor"... meaning they charge you for your portion of common areas like hallways, elevators & stairwells. Somehow they're able to get away with inflating numbers over time as well. I've seen instances where same office was listed as approx 3000 sq ft at one point, then a few years later is about 3700 sq ft... It's a racket up here.
So, depending on where you are, the type of structure (house/bldg/apt), who was motivated to do the measuring, and why you need to know, it might be worthwhile to verify.
... not sure how other big cities do it, but both with residential & commercial, real estate owners in NYC screw over prospective owners/renters. They like to use the term "rentable square feet". Using made up numbers for an example, you might be looking at what should be 1000 sq ft of living area or commercial space, and they'll call it anywhere from 1300 to 1500 rentable sq ft, citing the "loss factor"... meaning they charge you for your portion of common areas like hallways, elevators & stairwells. Somehow they're able to get away with inflating numbers over time as well. I've seen instances where same office was listed as approx 3000 sq ft at one point, then a few years later is about 3700 sq ft... It's a racket up here.
So, depending on where you are, the type of structure (house/bldg/apt), who was motivated to do the measuring, and why you need to know, it might be worthwhile to verify.
Posted on 4/4/18 at 10:37 pm to Bullfrog
quote:
Yes but I’ve seen in Houston, Orlando and Atlanta that they shy away in using $/sq.ft living area and breaking out living vs. under roof sq.ft.
frick that. My house is about 2450 living and 3398 under roof.
Posted on 4/4/18 at 10:47 pm to Cosmo
(no message)
This post was edited on 4/4/18 at 10:56 pm
Posted on 4/5/18 at 12:08 am to ellishughtiger
International building code (IBC) calls for using heated space only.
Whoever came up with that doesn't live down here. Heard and cooled space is standard.
Another problem is that banks typically don't allow for finished out space below ground. A friend finished out his basement with two bedrooms and a playroom...just as nice as the rest of his house, and his bank wouldn't let him include it in his mortgage. I told him to send his kids to his banker's house for a month since he didn't consider it living space and see if he'd reconsider.
Whoever came up with that doesn't live down here. Heard and cooled space is standard.
Another problem is that banks typically don't allow for finished out space below ground. A friend finished out his basement with two bedrooms and a playroom...just as nice as the rest of his house, and his bank wouldn't let him include it in his mortgage. I told him to send his kids to his banker's house for a month since he didn't consider it living space and see if he'd reconsider.
Posted on 4/5/18 at 12:44 am to Jack Daniel
(no message)
This post was edited on 11/16/21 at 1:50 pm
Posted on 4/5/18 at 6:31 am to Jack Daniel
Area below grade (even walk out finished basements) usually dont count in the MLS either
Posted on 4/5/18 at 8:11 am to Jack Daniel
Most properties in my area aren't broken down by living or under roof but generally speaking square footage is the living space.
When we sold our house, our agent was required by her brokerage to have the house digitally measured and we found out our house was a couple of hundred square footage smaller than we thought. Original square footage (what was on file with tax assessor) was using outside wall measurements and included walk in attic space. Bummer because we had the right price per square for the neighborhood but because of the decrease, we ended up having to set the price lower than we thought.
When we sold our house, our agent was required by her brokerage to have the house digitally measured and we found out our house was a couple of hundred square footage smaller than we thought. Original square footage (what was on file with tax assessor) was using outside wall measurements and included walk in attic space. Bummer because we had the right price per square for the neighborhood but because of the decrease, we ended up having to set the price lower than we thought.
Posted on 4/5/18 at 8:56 am to Jack Daniel
If you are building it is total SQ ft under roof
If you are purchasing it is living sq ft
If you are purchasing it is living sq ft
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