Home Buying in 44129>Question Details

Maria, Home Buyer in 44129

is it illegal to post a home that is under 1000 sq ft and count the basement even though it has no walk out?

Asked by Maria, 44129 Mon Aug 4, 2008

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The multiple listing service used in North East Ohio has fields for Total Square Footage, Finished Square footage, and unfinished square footage. It is usually understood that Square footage is above grade. The total square footage figure could include a basement rec room with a notation that this is a basement room. Cheesy... yes. But it is pretty common practice for some agents if the home is under 1,000 sq. ft.

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Web Reference: http://www.bobkienast.com
0 votes Thank Flag Link Thu Oct 16, 2008
Not illegal to count basement squarefootage in the total square footage. Any realtor would be able to figure this out for you as a buyer. Essentially, it is just a little cheesy or misrepresenting the property. It typically just wastes time of a potential buyer comming to look at a property that is now off in its true measure. Let me know if you would like some help in your buying search.
Web Reference: http://www.EZSalesTeam.com
0 votes Thank Flag Link Mon Aug 4, 2008
The inclusion of lower level square footage in MLS listings actually can vary from location to location. Unless the lower level is majority above grade, then typically it is not included in the listing square footage, but a note is made of the additional square footage in the home description.

To include this square footage may not be considered illegal, but if not properly worded or disclosed might be deemed deceptive. I do have knowledge of lawsuits as a result of misstated square footage.

Hope this is helpful.

Yours truly,
Christopher Rich - REALTOR
Your Fairfield County Connecticut Real Estate Agent
William Raveis Real Estate
0 votes Thank Flag Link Mon Aug 4, 2008
Not really illegal, but we Realtors cannot state it SF, if it isn't so, so take it from there. The true square footage will be on the counties tax assesment. If it is exaggerated, then you have a good question to them. Good luck.
Web Reference: http://www.liveinakron.com
0 votes Thank Flag Link Mon Aug 4, 2008
There are clauses that say you might be able to include basement square footage, like if it is 3/4 above the grade of the yard or a walkout basement. Ask a local Realtor to be sure.
0 votes Thank Flag Link Mon Aug 4, 2008
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