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How Does An Appraiser Measure This?
 
 
I am very fortunate to have this gorgeous home to look at everyday as it is near my office building.  It took a couple of years to build and as you can see has substantial living area. 
As a certified appraiser I am often asked what will contribute to living area on a home as it is often confusing and a source for liability.  Some key tips on how living area is defined and view by an appraiser.
The area must be finished and is vented for heating and cooling.  (At least in Texas we have weather extremes so our homes would require both types of air system capability).  Venting can range from HVAC systems to window units, wall furnaces,  and older homes with room heaters. The finish quality of an addition must be consistent with the finish quality of the home.  If it is not, there usually will be some contributory value assigned the additional area on the appraisal report.  Does the area functionally flow, make sense?  For example if there are 3 stories, is there a bathroom on the third floor?  Do you have to walk through a bedroom to get to another bedroom?  This is called functional obsolescence.  ... more

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