Asked by El Nino, Sunnyvale, CA • Wed Mar 12, 2008
I am looking at a home with 1350 original area and 350 family room addition. Family room is constructed well and with permits .. (same build quality as house). it's listed as 1600 SQFT house in county records and all websites.
Then where's the problem ?
My assessor, after property inspection, gave only 1350 sqft as gross living area, and 350 sqft as patio room extension. The also used 1350 sqft comps. The reason given is that the foundation for extension is poured concrete Vs post & pier.
Will this be an issue when i sell the house ? Should I really be comparing this house (in terms of comps etc) to 1350 sqft houses or 1600 sqft houses or in between for apple to apple comparison? Zillow etc is using county records 1600 sqft for estimate. Am I paying too much ? (plz, no flame about accuracy of zillow; just mentioned it for sqft use)
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