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How to Take Your Home’s Measurements and Estimate Value

It seems something as concrete as square footage shouldn’t be up for interpretation. It’s math. There should be one correct answer, right?

… But it’s not so simple. It’s variable and complicated and there’s more than one way to do it.

Measure the Square Footage of a House Yourself

Fortunately there are some general rules. If you want to measure the square footage of a house yourself, here are a few guidelines:

Grab a piece of graph paper and sketch out the layout of your home. Create a separate drawing for each floor. This doesn’t need to be to scale and you don’t have to be a Pictionary champion.

Though you might be inclined to just pace out the rooms and call it day, estimating to this extent won’t get you anywhere good. This project was made for a tape measure.

To take you through the steps, let’s use this obscure architectural wonder as an example. OK, fine, it’s no Frank Lloyd Wright but it works for this purpose!

1. Divide the house into shapes. Rectangles and squares are easiest and most common, but maybe you have a circular breakfast nook, or a triangular closet under the stairs.
2. Measure the length of each wall and write down the dimensions. For the circular room, measure the length across (diameter). And for the triangular room, measure the length from one corner to its longest side.
3. Do some geometry. (You thought you’d never use this stuff again, huh?)

Here’s how you find the area for each of the rooms:

For rectangular and square rooms:

Area = Base x Height

Blue room = 22 feet x 10 feet = 220 square feet

It’s easiest to treat the green room like two rectangles.

Green room =

  • 20 feet x 10 feet = 200 square feet
  • 14 feet x 5 feet = 70 square feet

For circular rooms:

Area = π x Radius2

Radius is half the diameter = 7, and one-quarter of the circle is gone.

Yellow Room = 3.14 x 49 = 154 sq ft x .75 = 116 square feet

For triangular rooms:

Area = (Base x Height) / 2

Purple Room = (14 feet x 7 feet) / 2 = 49 square feet

4. Add them together. Once you have the area for each room, add them all together to get the total square footage.

For this house = 220 + 270 + 116 + 49 = 655 square feet

Hire a Professional to Measure the Square Footage of a House

That seems like a lot of work, you’re saying to yourself. The good news is that you don’t actually have to do it yourself. In fact, you shouldn’t, at least not in an official capacity. It’s nice to be able to estimate, double check and generally know what counts and what doesn’t, but when it comes to putting your house on the market, it’s important to get a professional.

Angelina Keck, a top-selling agent who ranks in the top 1% of agents in Houston, says you should call an appraiser and ask for a measure. It’ll cost you about $150. “They’ll put their stamp on it so it’s official. This is the best and most reliable way to estimate square footage.” An appraiser will likely take measurements from the exterior.

You should hire an appraiser to measure because:

You might count something that doesn’t count.

Square footage gets a little murky. Areas like your patio, your garage, your basement and your attic… even though they are clearly parts of your home, are not necessarily considered part of your “gross livable area” (GLA). There are some exceptions to this though.

  • Your garage doesn’t count as part of your square footage.
  • If your attic has seven feet of ceiling clearance and it’s finished, you can count it.
  • A good litmus test for whether an area counts as GLA is whether the room is heated or cooled by the same means as the rest the house. If your house is on central A/C but your enclosed patio has a swamp cooler, you can’t count the patio in your square footage.
  • Basements are only sometimes counted. It depends on the area, as well as if it’s finished or not. (Is it mostly old boxes, or does your son live down there?)

Say you measured everything yourself and you tell your Realtor that your house is 2,200 square feet. She puts this into MLS. It’s highlighted on your house flyers. It’s plastered across the internet. Eventually, someone puts in an offer. But during the vetting process, their appraiser comes up with a lower number — only 1,600 square feet. Uh oh.

You counted your giant garage in your measurement and now the sale could fall through because their offer was based on a 2,200-square-foot house. A good agent will look for that appraiser stamp, but it’s still good to look out for yourself too.

You can’t always depend on tax documents.

Why pay to have someone measure when your tax documents already have your square footage? Because you can’t always trust what they say. When builders make plans, they send them to the county assessor. As a development sells (or doesn’t), builders and architects may make adjustments to those floor plans but they don’t necessarily update the city. This means tax reports sometimes reflect the wrong square footage for houses.

You might already have all the information.

Don’t sign up for more work than you have to. If this isn’t the first time your home has sold, someone had to have an appraiser measure the last time it sold. Locate that report. Unless you constructed an addition, that appraiser stamp on the measure is still accurate and valid.

 

 

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How to Take Your Home’s Measurements and Estimate Value

Boost Your Homes Value!

 

We hear this all the time I know BUT I bet you haven’t heard this one.   ADD A GARDEN!

Adding a garden can help increase not only a home’s value, but also the value of a neighborhood, which can help a home sell for more. According to Zillow, curb appeal is one of five of the most important factors to consider when selling a home.

Great landscaping will guarantee a positive first impression for potential buyers, and landscaping investments could see returns of up to 215 percent, making them one of the most valuable home improvements your clients can invest in. This is one of many reasons it’s important to add and maintain a home garden before getting ready to sell a property.

If your sellers are considering adding a garden to their property, don’t let them miss out on these three nuggets of wisdom:

1. Make maintenance easy on the buyer

Always consider the city’s local habitat when choosing plants. Adding native plants and trees to a garden will benefit the environment and make the garden (and entire yard) easier to maintain — and easy upkeep can attract a bigger pool of buyers. Potential buyers might consider it a drawback to have to maintain a difficult, albeit beautiful, home garden.

It’s also important to consider the environmentally conscious home buyer who is likely to lose interest if landscaping requires a lot of water or harmful pesticides.

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2. Increasing neighborhood value

Because gardens increase the value of a home, they can also help add value to a neighborhood — and when the value of a neighborhood goes up, the amount a home will sell for also goes up.

Homes in desirable neighborhoods sell for much more than homes in undesirable neighborhoods. There has also been research completed that suggests communities with gardens experience a decrease in crime; and homes in neighborhoods with less crime will also sell for more.

When communities make their neighborhoods more appealing to live in, the buyer market for homes will increase. Many buyers prefer to purchase homes in neighborhoods where there is a strong sense of community. When buyers find the right home in the right neighborhood, they’ll be willing to pay a lot more than they would for the right home in the wrong neighborhood. This is a good reason to complete the landscaping a considerable amount of time ahead of selling — your neighbors might even follow suit!

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3. Quality of life

Most buyers think about how a home is going to affect their quality of life — so if an interested buyer imagines a happier life in a home with a garden, they might be inclined to pay more for the property.

Adding a garden to a home will increase its value not only because of visual appeal but also because the potential buyer might see their quality of life improving.

Despite the initial investment, sellers will see a big return. This addition can benefit the local community, improve a new homeowner’s quality of life and add overall value to a property — all leading up to an increase in the dollar amount a home will sell for.

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Article credited to Elena Elisseeva/Matt Edstrom

Images credited to Brandi J. Newland | http://www.BrandiNewland.com | SpecialAgentBrandi@hotmail.com | Visit my YouTube channel -> https://goo.gl/C4XL3F

Special Agent for 15 years, helping families with one of life’s greatest investments. BAKS Skincare Co. (1)

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