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Reply to "Does square footage on redfin include finished basement and attic?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]An appraiser will not consider the below grade sq footage, but whether a real estate agent would isn't clear to me.[/quote] An appraise definetly DOES consider below square footage and asses it at a different amount. I am looking at our appraisal and it states above grade sq footage @ x dollars and then basement sq footage @ x dollars (lower)[/quote] That sounds like an odd appraisal. Ours are usually done as comps with adjustments. However, I should have said an appraiser will not count below grade sq footage but will consider it (which is I think what FHA guidelines call for).[/quote] Our finished basement was part of the appraisal. [/quote]
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