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gentry.pelti…, Other/Just Looking in Morgantown, WV

Do basement's count towards the square footage of a home?

Asked by gentry.peltier, Morgantown, WV Sun Nov 4, 2012

Sometimes while looking at homes I wonder if the basement count towards the square footage of a home's advertisement. Also, if a basement has a bedroom or bathroom does this count towards the advertisement as well?

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The lower or below ground square footage if finished (HVAC, electric, wall covering, flooring, etc.)will be counted in the total heated square footage of the home, but in most cases it will not hold the value as upper level(s) or above ground square footage upon appraisal time. You will find that appraisers may or may not give the below ground/finished basement the value one would expect as the upper finished level(s). Keep in mind that if the below ground/basement meets or exceeds the upper level(s) finished product (ceiling height, flooring, moldings, etc.) you will be more likely to get a favorable value.

Hope this will help in answering your questions and or concerns you may have.

Johnny Lee
http://www.ameripriderealty.com
0 votes Thank Flag Link Sun Nov 4, 2012
Great question Gentry. Square footage is counted when the space is heated. So if you have a bedroom or bathroom in the basement, and it's heated, then yes it counts towards square footage. If you have an unfinished basement with no heat then it's potential square footage. I hope this helps.
0 votes Thank Flag Link Sun Nov 4, 2012
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