Home Square Feet Calculation – Illinois Broker School https://illinoisbrokeracademy.com Real Estate Classes Online in Illinois Mon, 01 Nov 2021 05:16:09 +0000 en-US hourly 1 https://wordpress.org/?v=6.6.1 https://illinoisbrokeracademy.com/wp-content/uploads/2021/09/Real-Estate-Courses-Logo-7.png Home Square Feet Calculation – Illinois Broker School https://illinoisbrokeracademy.com 32 32 WHY WILL I MEASURE SQUARE FEET? https://illinoisbrokeracademy.com/why-will-i-measure-square-feet/ Sat, 30 Oct 2021 07:02:00 +0000 https://illinoisbrokeracademy.com/?p=9829 Read More »WHY WILL I MEASURE SQUARE FEET?]]> 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.

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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.

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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.

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