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I gotcha number... your square footage number!
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Posted On 01/25/2011 06:38:21 by tallyappraisal

http://www.tallyappraisal.com/Default.aspx?tabid=72

 

To my Realtor and For Sale By Owner friends...

Where did you get the square footage number in your new listing?  Why is it important?

 

Let's look at an example of the raw numbers... a 2,500 square foot home has a list price of $125 per square foot (or $312,500).  Unfortunately, the home actually has 2,000 square feet of gross living area.  Your list price is $62,500 too high.

 

This is an extreme example, but I see instances of incorrect gross living area calculations far too often.  People make mistakes.

 

If you are uncertain about your square footage number, I can help.  Contact me for an accurate building measurement and sketch.

 

Robert B. Culverhouse

Real Estate Appraisal & Consulting

www.tallyappraisal.com























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