Special offer

Denver Colorado and surrounding areas "New Square Foot guidelines"

By
Real Estate Agent with Nicholson and Company

Colorado Metro list Guidelines

Everyone has been so confused due to the last few changes with METRO LIST. Here's the new and correct way to get the square foot total for data imput on Metrolist. Now everyone will have to redo all previous listed properties so that they will comply with the new rules.

 

Compliance

Square Footage Guidelines

MLS Rules and Regulations

Section 1.19 Square Footage Specified: All square footage entered into the MLS must be accurate.

How to Comply:

In order to correctly report square footage, the following three required square footage fields must be accurately

calculated and entered :

1. Square Feet

2. Finished Sq Ft Total

3. Total Sq Ft.

Basement square footage is prohibited from inclusion in the Square Feet field, including standard and traditional

basements, cellars, walk-outs and garden levels.

Square Footage Fields Defined:

1. Square Feet: A required field that includes all partially or completely above grade square footage. This

includes the finished and unfinished square footage of the main, upper and lower levels. Basement square

footage (including walk-out and garden levels) is prohibited from inclusion in the Square Feet field.

2. Total Square Feet (Total Sq Ft): A required MLS field that represents the finished and unfinished square footage

of all levels, including the main, upper, lower and basement.

3. Finished Square Feet (Finished Sq Ft Total): A required MLS field that represents all finished main, upper, lower

and basement square footage.

4. Main Level: The level at front grade or partially above front grade.

5. Upper Level: All levels above main level (e.g., 2nd floor, 3rd floor, etc.).

6. Lower Level: A level below main level that includes partially below grade living space (e.g., bi-level, tri-level,

4-level and raised ranch).

7. Basement: The lowest level of a building that rests on a below grade foundation (e.g., standard, traditional,

cellar, walk-out and garden level). Basement square footage is prohibited from inclusion in the Square Feet

field.