Below Grade Square Footage Value All Locations : Nationwide Real Estate Advice

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Greer Swiston, Real Estate Pro in Newton, MA
Greer Swiston answered:
When figuring the square foot cost, how is a partial or full finished basement c ... just added to the 1st and 2nd floor square footage? ...
It depends. Not all square footage include the basement. Not all advertisements will calculate square footage the same way.

You are wise to question the calculation. It's oft ... more
0 votes Share Flag Tue Sep 21, 2010 Home Buying in Ashland
Elizabeth Ne…,  in Phoenixville, PA
Elizabeth Newcomb answered:
we have recently finished our basement, about 750 sq.ft., drywall, carpet, drop ceiling, closet and full bath. Spent $5000, how much return?
Unfortunately, not much. A basement remodel, unless the basement is a walk-out, only increases the marketability of the home. You can't charge for square footage below grade. The g ... more
0 votes Share Flag Thu Jan 20, 2011 Remodel & Renovate in Akron
Anisa Drigge…, Real Estate Pro in Bonaire, GA
Anisa Driggers answered:
Should a semi-finished separate garage be included in the square footage?
I would say if it has heating/air and carpeting...then it would be included. Im no expert though.
0 votes Share Flag Thu Aug 12, 2010 Home Buying in Dublin
Jeffrey Cart…, Real Estate Pro in Beverly, MA
Jeffrey Carter answered:
In MA, is a finished basement included in floor space?
Hello Maryanne,

Finished basements can be counted in the gross living area. The tricky part is finding out whether or not the listing agent has included this info with the total liv ... more
0 votes Share Flag Thu Mar 28, 2013 Home Selling in 01028
Hank Miller, Real Estate Pro in Alpharetta, GA
Hank Miller answered:
Are sunrooms part of the gross living area of a house, and should they be counted as additional sq.footage?
Areas considered in gross living area must be heated and cooled and fully above grade. There are other requirements, but for a sunroom those are most applicable.

0 votes Share Flag Tue Oct 14, 2014 Home Buying in 30345
Norman Aless…, Real Estate Pro in San  Jose, CA
Norman Alessandrini answered:
Looking for opinions on where to buy a house in and around San Jose
Hi Homebuyer,
Well some areas that are good are Cupertino, Evergreen, parts of Almaden Valley. There are other areas, if you want to stay close to where you live right now I would look ... more
0 votes Share Flag Tue Jul 27, 2010 Home Buying in San Jose
Tean Wong, Real Estate Pro in Boston, MA
Tean Wong answered:
All the realtors I have hired dto sell my home fail to list the upgrades and differences of my condo to others in the area. Even condo with less
Price per sqft. and amenities are great feature to look at. If your condo are better, there should be many offers on the table. It seems to me that there are more issue I don't hea ... more
0 votes Share Flag Fri May 21, 2010 Home Selling in Macungie
Terrence Cha…, Home Owner in Allentown, PA
Terrence Charest answered:
How is a homes sf calculated? Is there any consistency here?
Unless you are talking commercial properties, vacant land or getting a home built, you really should not compare properties buy cost per square foot. Even with those reasons, there is l ... more
0 votes Share Flag Mon Feb 4, 2013 Home Buying in 19073
Terrence Cha…, Home Owner in Allentown, PA
Terrence Charest answered:
Extended kitchen, finished basement and/or deck?
If you are extending your home, you should at least get a basement put in. Unfinished so that you can do as you wish later. A deck or patio can also be done later to save you costs now. ... more
0 votes Share Flag Wed Dec 22, 2010 Home Buying in Chester Springs
Gatlin Treuh…, Real Estate Pro in Cape Coral, FL
Gatlin Treuheit answered:
Why is the average listing price almost 2.5 times higher that then the median sales price.
Good question! What it means is that there are many homeowners who are not realistic about what their home is worth in this market and overprice the listing. Buyers won't pay the ... more
0 votes Share Flag Thu Sep 23, 2010 Home Buying in Cape Coral
Mark McRae, Real Estate Pro in Mount Gilead, NC
Mark McRae answered:
Does a Finished Basement count when calculating square footage?
Yes...finished / heated square footage in basements are considered part of the total square footage when listing a home in the Stanly NC MLS. We do break out the the basement hsf from t ... more
0 votes Share Flag Sat Apr 23, 2011 Home Selling in 13219
Scott Godzyk, Real Estate Pro in Manchester, NH
Scott Godzyk answered:
I am confused about reporting square footage on a split foyer home
I use the folowing guages, if there are full sized windows, if the majority is above grade and if there is a walkout. Such as a door leading outside whether it be the side or rear witho ... more
0 votes Share Flag Sat Sep 18, 2010 Market Conditions in Annapolis
Michael Hamm…, Real Estate Pro in Suwanee, GA
Michael Hammond answered:
Sales Comparison Appraisal question: When comparing a home with a comparable, how are extra rooms figured in?
Opinion only here, but unless your home is only 1200-1500 square feet, that second deduct seems high to me. Hank, where are you?
0 votes Share Flag Thu Jan 7, 2010 Home Buying in Atlanta
Seth Peterson, Real Estate Pro in Madison, WI
Seth Peterson answered:
Is there any difference in value for a lower level (split level, above grade) or a regular basement?
I would say that in general, split level homes tend to be less valuable than other types of homes (ranch, 2-story, etc). But to your point, I do think that exposed basement square foot ... more
0 votes Share Flag Fri Dec 18, 2009 Market Conditions in Madison
Don Tepper, Real Estate Pro in Burke, VA
Don Tepper answered:
I am a student in Westlake High School. I have entered in a project to design a house and I have some questions.

Good luck on your project. To answer your questions:

We had a media room on our first floor. Our teacher didn't like our floor plan so my partner is deciding to put it in ... more
0 votes Share Flag Wed Dec 9, 2009 Design & Decor in Cleveland
Joni Teaman…, Real Estate Pro in State College, PA
Joni Teaman Spearly answered:
How are appraisals in State College? Is there a method to it? $/square foot? Ho ... below grade square footage? ...
The appraisals in State College are based on overall finished square footage, amount of bedrooms and bathrooms, extras in the home (fireplaces& etc,..). The appraisers have to just ... more
0 votes Share Flag Tue Oct 27, 2009 Home Buying in State College
Tim Klein, Real Estate Pro in Littleton, CO
Tim Klein answered:
How is the price per square foot determined? Why are there huge fluctuations in price in my zip code? ...
It's the asking price divided by the livable square feet above ground. Though some Realtors code the space in error, the usual reason for the differences are due to walko ... more
0 votes Share Flag Thu Mar 28, 2013 Home Selling in Berkeley
Patrick Thies, Real Estate Pro in Anytown, IL
Patrick Thies answered:
I am unclear as to how square footage is determined. I compare listings, look at the sizes of the rooms and ...
Calculating the square footage of a home is not an exact science. Usually the tax assessors office with have the square footage but many times it is not accurate do to additions and fl ... more
0 votes Share Flag Mon Jun 23, 2014 Home Buying in Wilmette
Patrick Thies, Real Estate Pro in Anytown, IL
Patrick Thies answered:
Would it add more value to my house to enclose the garage & add sq footage or just leave it a garage? ...
Typically only living space is included in square footage of a house. Most places don't included the basement (or below grade living space) either when figuring square footage.
... more
0 votes Share Flag Sun Aug 23, 2009 Remodel & Renovate in North Charleston
Don Fabrizio…, Real Estate Pro in Danbury, CT
Don Fabrizio-Garcia answered:
How do you measure a home to get the most accurate square footage, room by room or the footprint?.?
For a single family home, you measure the exterior of the home. You do not include the lower level if any portion of it is below grade (basements, even when finished, are not included i ... more
0 votes Share Flag Mon May 3, 2010 Home Buying in Connecticut
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