You might be able to use the appraisal from when you bought the house to see size.
If you are going to hire appraiser to measure house, you might also get the full appraisal for not much more.
Probably depends on price of home and size to think if it is worthwhile. If you are getting 100-$200/sqft in your area, finding just 2-3-4 sqft might make a difference in your price. If you think you can get better than average price for your home, having an appraisal to show buyers and their bank appraiser could also get you a better end result on their appraisal and purchase price.
Certainly something to consider....I would discuss with your realtor.
Should you have it appraised before putting it on the market? That really depends on several factors one being if the realtor you have hired is unfamiliar with the area or the property type. The short answer is... it can't hurt you to get an appraisal done. Will the property ultimately sell for that price? That's a good question.
Sometimes in the early 80's, square footage was based on what was under the roof, not walls-to-walls of today. Additional floors were not calclated at all. That means a significant tax savings through the years, but does not accurately show the air-conditioned square footage. Hope this helps. Sandra Wellborn, Broker, Waltsan Real Estate, 817-845-1251
Let me explain, with a true appraisal from a state certified a appraiser will give you a heads up for how much your home is worth or rather its value. It may or may not find the extra Sq ft you are referring to. Keep in mind that the only sq ft that can be included is those that are considered habitable. That said, the value found will prevent any issues later with financing contingencies with a buyer offering a price that is higher then its appraised value. When that happens the buyer can walk away or they can pay the difference as lenders do not like lending money on things that are not worth a % of the loan amount.
So in my opinion the 300-500 dollars spent on the appraisal is money well spent as it provides you with more knowledge about the soon to be future of events regarding your home sale.
If I may be of assistance, please contact me.
Simple formula length times width ='s: times dollar per sq ft average, minimum and maximum $ per sq ft in your area - should put you in the know.....
A couple simple things to do:
1. Get a tape measure or get an electronic measuring device and with a friend, measure each room, hallway etc. Write each measurement up on a sheet of paper. Then add them up.
Length x width = sq ft. If you have odd shape rooms. look for a square and work your way in the the total for each room.
If you have a basic house, you can measure the exterior:
1. Floor 1 - 20x25 = 500
2. Floor 2 - 20x25 = 500
Total sq ft: 1,000 sq ft
That's a rough way of doing it.
YOU CAN ALSO:
1. Invite several agents to come over and tell YOU about your house. They should measure it at least to list in MLS or get your comps. That work and a good agent who would want your listing will do.
2. Each agent should also be able to give you a comp (CMA)comparative market analysis.
1 and 2 above are basically what a residential appraisal consists of.
Note, appraisal is only an INDICATION of what your home may be worth in a "normal" market.
If a factory close down the next day and everyone is out of work or sticks their house up for sale - it's meaningless. So are those done for new (or old) subdivisions where the builder is still building YOUR HOUSE.
It's an indicator.
Until you list and sell it- that is what your house is worth.
Lynn911 Dallas Realtor & Consultant, Loan Officer, Credit Repair Advisor
The Michael Group - Dallas Business Journal Top Ranked Realtors