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Whether you’re buying or selling a home, appraisals help determine the property’s worth. In part, this involves assessing how much living space there is. The guide below looks at this type of evaluation known as a home measurement.

How Do Home Measurement Services Work?

Whether a buyer is selling their home privately or via an agent, they must be able to provide the gross living area (GLA). This is based on the exterior dimensions of finished portions of the home, excluding garages and basements—even when a portion of the basement is above ground and the interior has been finished.

If the seller decides to rely on the old GLA measurements previously filed with the city or county, it can lead to inaccuracies. Alternatively, they can hire a professional to double-check the numbers. A certified appraiser will use the guidelines set up by ANSI® and Fannie Mae® to accurately measure the dimensions of the home and provide a reliable figure.

What Are the Benefits of Home Measurement Services? 

AppraisalsFor home buyers, the biggest benefit is in determining the accurate proportions of the home’s living spaces. Once you have these measurements, you’ll be better able to sell your home at a fair market price.

For those looking to buy, this evaluation helps ensure you’re getting the square footage you’re paying for. Additionally, obtaining a certified and accurate appraisal quote may reduce your property tax burden. The measurements the county has on record may be unintentionally inflated, but being able to show updated measurements from a certified professional can prompt a reassessment.

 

Concept Appraisal Services is located in Denver, CO, and provides reliable house measurement services throughout the metro area. Their experienced appraisers can evaluate the GLA measurements of any home, so you can determine its true market value. To learn about the full list of services they offer, visit their website. To schedule an appointment for a free quote, call them at (303) 506-6254.

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