• Welcome to AppraisersForum.com, the premier online  community for the discussion of real estate appraisal. Register a free account to be able to post and unlock additional forums and features.

GLA or not

ucbruin

Thread Starter
Elite Member
Joined
Mar 11, 2014
Professional Status
Certified Residential Appraiser
State
Massachusetts
1579015182066.png


1579015146894.png

Is the beige portion GLA or not?
 

Artemis Fowl

Senior Member
Joined
Mar 16, 2004
Professional Status
Certified Residential Appraiser
State
Michigan
Yup. If that little box on the right elevation is a heating vent.
 

J Grant

Elite Member
Joined
Dec 9, 2003
Professional Status
Certified Residential Appraiser
State
Florida
sure, why not, assuming has heat is finished etc - BUT if it has no access into main dwelling and just has ext access it is an ADU or other area not part of main dwelling sf living area
 

Andy Taylor

Member
Joined
Sep 22, 2003
Professional Status
Certified General Appraiser
State
North Carolina
Not so fast on calling it GLA. Look at the front elevation photo. It appears that a portion of the lower level is below grade(thus making that level a basement per numerous previous threads/opinions) . If interior access to the beige portion is through that level wouldn't it then also be considered basement?
 

glenn walker

Elite Member
Joined
Oct 11, 2006
Professional Status
Certified Residential Appraiser
State
California
If it can be accsessed from inside the main house I would say yes , or depending on what it sbeing used for it may be considered an -Attached ADU ? Does it have it's own kitchenette, bath, heating and cooling etc ? Does grandma live in it , no matter what it looks like it was well constructed and it has value .
 

Mr Rex

Elite Member
Joined
Jan 12, 2004
Professional Status
Certified Residential Appraiser
State
North Carolina
No. The whole level is considered below grade if any portion is below or partially below grade. It is considered below grade finished area and may have the same contributory value per sf as the above grade, but it ain't GLA
 

ucbruin

Thread Starter
Elite Member
Joined
Mar 11, 2014
Professional Status
Certified Residential Appraiser
State
Massachusetts
I've not yet inspected the property....
But from information found on its 2015 MLS listing sheet and assessor data/sketch....
Foundation for the beige section is slab and interior access is via the basement....
Photos on listing sheet show a kitchen and bathroom....
 

sandpiperapp

Senior Member
Joined
Apr 5, 2011
Professional Status
Certified Residential Appraiser
State
New York
In the area that I service, that is considered living area by buyers, sellers and most brokers. To maintain consistency with market expectations,I consider it living area also and report it as such. I explain in my report, and there are no problems. I try to think about the market first and all of the alphabet entities second. It doesn't really matter as long as you are consistent throughout the report and explain, explain, explain.
 
Find a Real Estate Appraiser - Enter Zip Code

Copyright © 2000-, AppraisersForum.com, All Rights Reserved
AppraisersForum.com is proudly hosted by the folks at
AppraiserSites.com
Top

AdBlock Detected

We get it, advertisements are annoying!

Sure, ad-blocking software does a great job at blocking ads, but it also blocks useful features of our website. For the best site experience please disable your AdBlocker.

I've Disabled AdBlock
No Thanks