 What's the Gross Living Area of your home? The Appraisal Station help.
It's not uncommon when the public records, listing agents, home owners and appraisers don't agree on the Gross Living Area of a home. There are many factors and new laws governing what is considered gross living area and what is not. Including accessory dwellings, additional units, and permitted/unpermitted additions. What are floorplan services?A measurement service is just what it sounds like: An appraiser measures the dimensions and area of your property, then draws a basic or highly detailed floorplan based on your requirements. The appraiser's report and floorplan is a document that can be used to prove an accurate Gross Living Area (GLA), the sum of all livable space, of your home. These services are useful and sometimes essential when challenging property taxes or selling a property. When are floorplan services needed?Disputing real estate taxesTax records frequently reflect inaccurate area of a property because the values can come from various sources, and occasionally go unverified — which means you may be paying for more square footage than you own! Unless an appraiser has recently executed a valuation on your property (after any updating that might have affected square footage), you'll need one to perform a home measurement service before attempting to dispute what you're taxed. An appraiser determines an accurate Gross Living Area (GLA) of your property so your taxes reflect the actual square footage — and you can stop paying more than your house is worth. Selling your home - Purchasing a homeA home floorplan service can secure a fair price for your property. Square footage is one of the biggest elements potential buyers look for when purchasing a home — but since square footage values are frequently approximated rather than accurately measured, your property listing might show less Gross Living Area (GLA) than it actually has. An inaccurate GLA could potentially decrease the price of your property as well as the number of interested buyers. The only dependable method of using a definitive GLA when listing your home is to refer to a recent appraisal or home measurement service executed by an appraiser (after any remodeling that might have affected square footage). Material for Real Estate agents
To ensure that your client's home closes at a price that accurately reflects the market value, we recommend requesting a floorplan service for the property.
Your clients, and potential buyers, will appreciate your attentiveness, and you can be confident in knowing the GLA on your client's listing is truly representative of their home.
A floorplan can also be an excellent marketing tactic to entice potential buyers since they can view the layout and features of the property before and after a showing.
Get in touch with us to find out more about our home measurement and floorplan services.
Robert Howlett 626-625-7230 - rhowlett00@gmail.com
Affiliations - The Appraisal Institute; Department of Real Estate, Bureau of Real Estate Appraisers and the National Association of Realtors and formerly with the American Society of Appraisers and the National Association of Independent Fee Appraisers |