Why square footage is important. What is my home’s Square Footage?
A home measurement service providing accurate square footage data for residential properties, aiding in real estate transactions.
There are plenty of reasons you might want to know how to calculate the square feet of a house, whether you’re looking to sell a property, dispute a high tax assessment, or renovate to add more space.
If you’re preparing to list your home for sale, determining the property’s exact size is a crucial factor when setting your Asking Price. For a Comparable Market Analysis or a Home Appraisal, your home’s square footage will play a major role when selecting comparables or comps. A Real Estate Agent and/or a Licensed Appraiser will look for homes of similar size in the immediate area. An inaccurate square footage measurement could potentially result in an inaccurate home value.
Square footage (often abbreviated as SF or SQFT) also matters in real estate deals that involve a mortgage, for similar reasons. The Lender will want that info to verify what the property is worth.
However, knowing your home’s square footage can come in handy in other ways as well. For instance, if you decide to finish a previously unused part of your house — say, a basement or attic space — you may need to provide the square footage to obtain a building permit.
Likewise, if your county or municipality assesses higher taxes than what you think you should owe, confirming the square footage can be a point in your favor toward getting the Property Taxes reduced.
If you want to have your home measured please contact me.