Mr Rex
Elite Member
- Joined
- Jan 12, 2004
- Professional Status
- Certified Residential Appraiser
- State
- North Carolina
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.
It is considered living area in most if not all markets. It is not above grade GLA in all markets.