Is A Finished Attic Considered Square Footage

But if a basement or attic has been finished then the space may be included in the home s square footage if it also meets ceiling height requirements.

Is a finished attic considered square footage.

So whether a basement is included in square footage or not a nicely finished basement generally adds to the value of a home says carrie abfall a real estate agent with re max real estate. So just 1 inch of the 6 ft wide closet is 7 ft tall. The above grade finished square footage of a house is the sum of finished areas on levels that are entirely above grade. If one of these four components is.

Stairways and closet areas are included in the square footage length. Square footage and the mls. Some spaces such as a finished basement may or may not add value but at a lesser rate than other finished above grade spaces. As for rooms in the house that aren t finished like basements or attics they should not be included in the total square footage.

The first criteria is that at least half of the finished square footage must be 7 feet where the ceiling slopes and those areas less than 5 feet are not counted in the finished area. This is determined on a case by case basis based on the quality of the space and how the market has recently responded to similar homes. I m including a blog post i wrote about attics and ceiling height but this should also apply to the room you are talking abut. Finished attic square footage is included if an area has at least seven minimum feet of clearance.

To be considered finished square footage the space must be heated have finished walls have a finished ceiling no exposed floor joists and have a finished floor painted concrete does not count. If not you shouldn t include any of that space. The below grade finished square footage of a house is the sum of finished areas on levels that are wholly or partly below grade. The ansi method specifies measuring from the exterior of the house but the wall width is not usually subtracted to account for actual living space.

More articles on square footage of a home. The bedroom in the finished attic has 7 ft ceiling and is 220 square feet. Garages and unfinished areas cannot be included in the calculation of finished square footage. If it is then any part of the room with a ceiling of 5 feet 1 52 m or higher should be included source.

Finished area finished area is defined as an enclosed area in a house at is suitable for year round use embodying walls floors and ceiling that are similar to the rest of the house furthermore above grade finished square footage of a house is the sum of the areas on levels that are entirely above grade.