measuring a home: How To Measure A Finished Attic Area:The Fannie Mae 5' Rule (Fact or Myth) - 03/05/12 09:01 PM
I'm guessing that this is one of those "Myths" that has been passed around for many years, and it's one that I was taught. In case you're not familiar with the 5' rule, it relates to the way finished upper levels are measured. It states that there needs to be at least a minimum of 5' of ceiling height for the space to be counted as part of the gross living area (GLA). In the diagram above only the area that has a the ceiling height of 5 feet would be counted as living area.
What Does Fannie Mae Say About … (18 comments)

 
Michael S. Bolton, MN Appraiser (Michael S. Bolton,Inc.)

Michael S. Bolton

MN Appraiser

Zimmerman, MN

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Michael S. Bolton,Inc.

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