medinaappraisal
Freshman Member
- Joined
- Dec 15, 2007
- Professional Status
- Licensed Appraiser
- State
- Texas
A house I recently visited and am considering purchasing has an addition of about 700 sq ft, this is not complete meaning the interior is still under construction; drywall, lights, etc. the exterior and roof are done with new hardiplank and 30 year shingles. My question is should this be counted towards GLA? Im an LO
Also when appraisers measure 2 story houses; I know the protocol is to measure the exterior of the first floor but what about the 2nd story? Do you measure the exterior also or do you measure the interior only? If you measure the exterior do you subtract the open space to the first floor?
Again Im an LO... Any help would be greatly appreciated...
:new_newbie:
Also when appraisers measure 2 story houses; I know the protocol is to measure the exterior of the first floor but what about the 2nd story? Do you measure the exterior also or do you measure the interior only? If you measure the exterior do you subtract the open space to the first floor?
Again Im an LO... Any help would be greatly appreciated...
:new_newbie: