How to calculate the square feet of my house?
There are tons of reasons I might want to know how to calculate the square feet of my home. Whether I’m looking to sell off my property, dispute a high tax assessment, or repair to add more space.
If I want to list my home, I have to determine the property’s exact size so that I can decide on the asking price. For a home appraisal, I’ll compare it to comparables. I will focus on homes similar in size in the immediate area. When I will evaluate my home for sale, I’ll also adjust the value up or down.
Ready to take the next step in your real estate education? Learn how to get started in real estate investing by attending our online real estate classes.
However, knowing my home’s square footage can come in handy for other reasons as well. For instance, if I decide to finish a previously unused part of my house. Probably, I may need to provide the square footage to obtain a building permit.
Likewise, if my county or municipality assesses higher taxes than what I think I should owe. Then confirming the square footage can be a point in my favor to get my property taxes reduced.
Are you ready to land on perfect real estate courses? Register now for our comprehensive and convenient online Illinois state-approved coursework.
If confused,Ask the pros
If calculating square feet of my home feels overwhelming, it might be best to hire an expert appraiser. Depending on the size of the property, the cost might be as minimal as $100 up to several hundred dollars. While two different professional experts could evaluate the same home and come up with slightly different square footage figures, they aim for scientific accuracy.
We have real estate courses for every career choice you so that you can steal the real estate show. See these courses and all of our student resources to begin expanding your real estate skills today.