For Agents
When it comes to listing a home, you have two acceptable sources for gross living area; The Assessor’s office and an Appraiser. The Assessor’s office does not actually measure homes. Square footage is typically calculated by an algorithm or estimated by an overhead photo. This could leave valuable square footage unaccounted for, or worse, you could be left scrambling to keep your deal from falling through if your client’s home comes in smaller than the Assessor has it estimated at.
For Home Owners
Sometimes, a homeowner may choose to list a property themselves. This can be a challenge when one doesn’t have the same resources at hand that a realtor may have. Trusting the assessor’s office is not advisable, as they do not actually measure homes, but rather, estimate based on algorithms and overhead photos. Knowing what size your home is is a great place to begin when it comes time to determine a list price for your home.
For Investors
Investing in real estate is 50% planning and 50% execution. Determining the correct size of a home is of the utmost importance when it comes to determining things like return on investment, material cost and quantity, and labor costs.