1025 - gba or GLA?

[Mejappz]

Gross Building Area (GBA) is the footprint of the ground floor.

This is the correct way treat these structures.

 

[Mejappz]

I find it a flaw in the form or maybe my software in separating GLA and GBA. I have to force the changes in the form to make it clearer. Can be frustrating.

It’s the form which is a disaster.

 

[Terrel L. Shields]

The GSE definition of GBA has existed for many years, and is often ignored by appraisers.

Gross Building area for commercial appraisers is the exterior footprint. You can get zinged pretty hard from a commercial review saying GLA unless you say gross leasable area. Residential, well never did 1025. The OP said "gba that means the entire area of the basement." which suggested they thought GBA meant Gross Basement Area...?? Industrial buildings are typically GBA of finished, unfinished areas.

 

[DWiley]

This is the correct way treat these structures.

That is not the correct way for GSE work.

 

[DWiley]

Gross Building area for commercial appraisers is the exterior footprint. You can get zinged pretty hard from a commercial review saying GLA unless you say gross leasable area. Residential, well never did 1025. The OP said "gba that means the entire area of the basement." which suggested they thought GBA meant Gross Basement Area...?? Industrial buildings are typically GBA of finished, unfinished areas.

Mike posted the GBA definition right out of the Selling Guide. It’s been in there at least 15 years, so hard to see why a residential appraiser doing GSE work would not know that.

 

[Terrel L. Shields]

It’s been in there at least 15 years, so hard to see why a residential appraiser doing GSE work would not know that.

I can understand that, but the definition seems a mite broader than what the CG's definitions normally found in text books. I did look it up in TARE and they do basically use that same definition when discussing F/F appraising so I guess it is something I overlooked, but again was taught in classes that GBA is the footprint of the building and is divided into finished space and unfinished. Our vendor spaces around Wally World Hdq tend to be half offices and half warehouse for instance. And I understand a finished basement in a residential property is possible but in a commercial property, I've yet to see a finished basement except in a government building. If fact, G buildings are about the only ones with a basement- maybe some commercial office spaces may have finished basements as storm shelters or special purpose rooms....

 

[Dublin ohio]

I find it a flaw in the form or maybe my software in separating GLA and GBA. I have to force the changes in the form to make it clearer. Can be frustrating.

Must be software. Never have that problem.