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November 16, 2009
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Response To: Square footage not essential or wise (Jim in Seattle - 03/09/2001 05:43 PM)
Main Topic:

Should You Measure A Seller's Home?


There is a STANDARD
Posted By: Francois K. Gregoire - 03/14/2001 02:25 PM

Jim,

There is, in fact, a standard for calculating the square footage of residential properties. You may want to check out ANSI Standard Z765-1996 from the American National Standards Institute, Inc.

The title is American National Standard for Single-Family Residential Buildings - Square Footage - Method for Calculating. Although you make a number of valid points, there a a couple of broad generalizations in your reply which migh not hold up under closer scrutiny.

Square footage is not important in all single family residential transactions, but it is very important in more than a few and Price Per Square Foot is an important unit of comparison for some folks, not only to derive an indication of value, but indications of quality, cost and contribution of land value or building value.

If the calculation of Square Footage is beyond the capabilities of the practitioner, they might consider contracting with a surveyor or appraiser to do the measuring and arithmetic for them.

Frank




Responses to this Post

Standing by....
Posted by: Jim in Seattle - 03/21/2001 07:54 PM

Square Foot Calculations
Posted by: Bob Henderson - 05/10/2001 08:49 AM

Lets Make A Deal
Posted by: Sam Valenti - 05/10/2001 09:40 AM

Standing BY
Posted by: j t - 05/10/2001 02:19 PM

A less than useful exchange
Posted by: Jim in Seattle - 05/14/2001 07:17 PM

Misrepresentation
Posted by: dzugg - 11/30/2001 01:13 PM

Re: Misrepresentation
Posted by: Jim in Seattle - 11/30/2001 04:22 PM


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