Skip to main content

Any easy way to distinguish above grade square footage?

Since we bought our current home (years before the pandemic), real estate now seems to be a completely different ballgame in so many ways so bear with me if this seems like a dumb question. The website we used back then (realtor.com) showed every home’s above-grade square footage at the time, whereas Zillow sometimes had more added on for the basement, but usually it was the same. It was easy to find the non-basement square footage.

I’m not sure if this was just our state/region. Many homes in my town are older (60s) and didn’t have fully or even partly finished basements anyway. This area is also notorious for seepage and even flooding, and basements were mostly for laundry, storage and such. Well, that seems to have all changed. LOTS of properties nearby have been flipped, with the basements fully finished and a bedroom or two downstairs along with maybe a bathroom.

So on all the websites now the square footage seems to have exploded on homes in our searches, with finished-basement ranch starter homes and split-levels. But I just don’t see my family utilizing the basement as primary living space. One home I thought I might like was advertised as 4300 but in fact it’s only 2700 not including the basement, and the basement isn’t even finished! It ends up being close to the size of our current house, so I’m having a hard time deciphering the listings that are within our range of price and preferences or even what a home is worth around here these days.

Ultimately I want to be able to find a two-story house that’s first and second levels are larger than my current two story home. But it’s super tedious now that so many homes are including massive basements in their square footage. Any easy ideas to filter for this or figure it out? Do some websites show square footage differently? I don’t want to have to keep asking about every single two story I find. Tia!

submitted by /u/april_eleven
[link] [comments]

source https://www.reddit.com/r/RealEstate/comments/15w4wal/any_easy_way_to_distinguish_above_grade_square/

Comments

Popular posts from this blog

Aren't comps/CMAs useless with buyer credits at close happening now?

I'm looking into buying a new construction townhouse in my HCOL US city. I'm seeing builders offering interest rate buydowns worth $20k-$60k on $800k homes (rather than just lowering prices) in order to keep their comps high for their other units, now that buyer demand has been declining. I asked my agent about these, and he said these buydowns aren't even the full story: buyers can write all kinds of other credits into an offer, like their closing costs, prepaid sewer fees, etc. Apparently cash buyers can just write in a "buyer credit at close" for any amount in their offer. So a new townhouse that appeared to sell for $800k in the MLS might have actually been a cash offer with a $100k+ buyer credit at close, meaning the buyer only spent $700k or less in total, but to the rest of the world they can only see the $800k! So that made me realize I can't trust comps/CMAs for other new construction townhouses. The sales prices could be way lower than they appear

Fast Rising HOA Fees on NYC Condo, No Budget Provided

My wife and I are first time homeowners and could use some advice on a situation we've been having with our management company and Board. We bought a condo in Brooklyn two years ago, and since then our HOA fees have climbed dramatically. In August of last year, our fees were increased by ~30% and just yesterday we received notice that this new figure would be increased by 16% as of June 1st. The by-laws for our building state that ten days before such a change goes into effect, the Board must provide unit owners with the itemized budget upon which the new numbers were based. This didn't happen last year, and when I asked the management company about it, they just kept vaguely insisting the Board had done due diligence. After I kept pressing, they finally sent a budget that was several years old, so obviously not the one that the new numbers were based on. When I asked the management company for contact information for the Board to get further clarification, I was told that th

How to create fidelity investments current bank statement for lender during escrow

I transferred a certain amount to my bank account to complete the minimum down payment required. The bank wants a current statement of the transaction. Unfortunately, fidelity only does quarterly statements so a December statement is not available and we are due to close next week. I called fidelity and they they can only provide a letter but the bank said that won’t suffice. Any way I can find or make one of my own that has my account number/name along with all the recent month’s activities? submitted by /u/bodaciousbeans [link] [comments] source https://www.reddit.com/r/RealEstate/comments/zmnnqo/how_to_create_fidelity_investments_current_bank/