Below Grade In Colorado Such As A Split Level Is Being Called Living Space Fannie Mae Is Very Clear On This Anything Under Grade Is Basement Or Other But Not Living Space. I Agree With This Can I Get Some Comments.
The question you should be asking yourself is WHY would you want to include it in the GLA. The value contribution is irrelevant. does not matter if it is the same per sft value, it is still basement.
The value contribution is irrelevant.