- Dec 16, 2005
- Professional Status
- Certified Residential Appraiser
I’m currently working on one of these. The MLS sheet for one of my comp’s states: "Come and preview this 4 Bedroom and 2 Bathroom plus an in-law quarters Single Family Home. Actual square footage appears to be larger than Tax roll (public records)". So, MLS has it at 2,220 SF of living area. And the public records has it at 1,600.I see your point Restrain and do agree it can definitely misrepresent what is actually there
A 3,600 sf home is not the same as a 2,700 sf home with 900 sf ADU
I run into this very often in my market
But...I agree with Tim on this though ...
Agents are in the business to sell houses and generally they can get more attn (IMO) with the larger square footage marketed
As an appraiser, though, it becomes a REAL PITA trying to decipher the GLA of a potential comparable. Is it 3,600 sf PLUS an ADU? OR ... 2,700 sf plus 900 sf ADU ...
This takes time, phone calls, digging, questioning ... and is why I charge more for SFR plus ADU's but that's my business decision
The subject which I measured this afternoon has about 1,500 sq. ft of GLA and a 550 SF ADU. Public records though has the GLA at 2,062. So, they lumped everything in.