KD247
Senior Member
- Joined
- Jan 24, 2002
- Professional Status
- Certified Residential Appraiser
- State
- California
There are going to be reasonable arguments for different ways of incorporating the summer kitchen into the living area calculations. How the appraiser labels the area could possibly influence a lender's decision, but should not affect the opinion of value.
It sounds like you're making the assumption that value is directly related to GLA. Whether the summer kitchen is included in the GLA, or whether it's labeled as a separate amenity, an appraisal should consider market reaction to your specific floorplan and not use calculated GLA as the sole criterion for comparison.
The bottom line is that value is based on how the market reacts to it, not on how the appraiser labels it.
It sounds like you're making the assumption that value is directly related to GLA. Whether the summer kitchen is included in the GLA, or whether it's labeled as a separate amenity, an appraisal should consider market reaction to your specific floorplan and not use calculated GLA as the sole criterion for comparison.
The bottom line is that value is based on how the market reacts to it, not on how the appraiser labels it.