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Do you know the true square footage of your home?

Categories: New Homes in Raleigh | Posted: January 3, 2020

Whether you own a home or are in the market shopping for a new home this New Year, determining the square footage of a home can be a difficult task since there is not established standard for measuring a residential property. However, this isn’t something you want to get wrong because it can affect the value of your home or the home you are looking to purchase. Mattamy Homes, a premier homebuilder for new homes in Raleigh, helps lay out the rules of how to best measure for the accurate square footage of a home.

Measuring a home’s square footage is actually a much easier task than people make it out to be. Follow a few simple guidelines and you can make sure you have an accurate assessment of the square footage of your home or soon to be home!

How to calculate your homes square footage:

  • Sketch a floor plan of the homes interior. Be sure to draw each floor separately and don’t include any areas of the home that are unfinished. These are things such as patios, exterior staircases, porches, basements and so on.
  • Break down the house into measurable rectangles. This will take the guesswork out of rooms that are oddly shaped or don’t have perfectly straight walls.
  • Measure the length and width of each rectangle to the nearest 0.5 linear foot.
  • Calculate the area of each section and multiply the rectangles length by its width to get the area in square feet. Write this number down in the corresponding space on your sketch.
  • Lastly, add up the total area and sum up the square feet in each rectangle to measure the total square footage of the house. Round the total off to the nearest square foot.

Now that you have your base square foot calculated, you may be wondering what you need to add in or take out of that total.

Your garage space is not included in your square footages, as well as basements are not supposed to be included in the square footage as well. However, it is good to know the size of your basement square footage because you can still include it in any future property listings.

And additional storage or finished attic spaces that are suitable for living can and should be included in your homes square footage total.

Your homes square footage is important to have accurate because it is vital in getting a correct appraisal for your home. If you are looking to purchase a home, make sure the seller is not including things like the basement or garage as a part of the livable portion of the home.

It is important if selling a home, to list the square footage accurate because if it is listed wrong and the buyers appraiser comes back and says the home is smaller than it was listed, you can run the risk of losing the sale and potential buyer.

The same rule goes if you are the one purchasing the home. Be sure to do your research and get an independent square footage analysis to be sure you are buying a home at the size you are planning (and paying) for.

 

 

Mattamy Homes is a new home builder in Raleigh, North Carolina. For additional information about Mattamy Homes building your Raleigh new home, please call (888) 677-1502.

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