Quote:
Originally Posted by Henna
I believe the interior wall square footage is 100% ok (and expected) for measurements for residential apartments and houses. Your second point is only for commercial real estate.
If you have a link that states otherwise, please post it.
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The Elusive Measure Known as the Square Foot - The New York Times
Some humor:
"My agents and I sometimes joke that the numbers seem to be based on measuring the property from the middle of the street!" writes Peters.
THe numbers are fluid. You can get various estimates for the same place:
Including only usable square footage (USF) of a premises in the square footage measurement—measuring the inside face of a tenant’s enclosing walls (preferable to tenants);
<li abp="64"> Measuring the gross square footage (GSF) of the premises, including thickness of the exterior walls along with interior stairs and shafts (preferable to landlords)<li abp="65"> Measuring rentable square footage (RSF) and also including the tenant’s pro rata share of the square footage of the building’s common areas (lobbies, hallways, bathrooms and storage areas [called the “loss factor”] [preferable to landlords]); this concept of measurement was developed to give landlords a way to recover the cost of CAM on behalf of the tenants.
https://www.blankrome.com/publicatio...g-transactions