In need of measurement services? Let Gregory James Company, Inc. help.
Home remodels and poor estimates on public records will affect a property's value — and a potential buyer's interest in it. Let our appraisers give you a reliable measurement of property area to determine a fair, unbiased value when purchasing a new property, marketing a property to potential clients, or reducing your property taxes.
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What is a measurement or floorplan service?
Home measurement services are just what they sound like: An appraiser measures the dimensions and area of your property, then draws a basic or highly detailed floorplan based on your needs. The appraiser's report and floorplan is a form that can be used to prove the accurate Gross Living Area (GLA), the sum of all livable space, of your home. These services are helpful and sometimes essential when challenging property taxes or selling a property.
How do home measurement services work?
During a measurement or floorplan service, an appraiser measures the property with a measuring tool — generally a tape measure or laser measuring device. As they walk the house, they make note of the layout of the rooms and other features, like closets, patios, and fireplaces. They might sketch out the property. Then, the appraiser writes up a report and a more detailed floorplan showing the total square footage of the house and the general layout. The result is a document that can be used to prove certain specs of your property — like the Gross Living Area (GLA) — on tax documentation, home listings, and more.
When is a measurement or floorplan service required?
Real estate taxes
Tax records often reflect the wrong square footage because the values can come from many sources, and occasionally go unverified — meaning you may be taxed for more space than you actually own! Unless a certified appraiser has performed a recent appraisal or home measurement service on your property (after any updating that might have affected square footage), you'll need one to perform a home measurement service before disputing what you're taxed. An appraiser will verify the accurate Gross Living Area (GLA) of your property so your taxes can reflect the actual square footage — and you can stop paying more than your property is worth.
Selling a listing
A measurement service can ensure that you're paid fair market value for your property. Area is one of the biggest factors potential buyers examine when purchasing a house — but since square footage values are often approximated rather than properly measured, your home listing might reflect less Gross Living Area (GLA) than it actually has. An inaccurate GLA not only decreases the potential selling price for your home, but possibly even the number of interested buyers. The only sure method of using an accurate GLA when listing your property is to refer to a previous appraisal or measurement service performed by a certified appraiser (after any updating that may have affected square footage).
Material for real estate agents
To make certain that your client's property closes at a price that correctly reflects true market value, we advise requesting a home measurement of the property. Your clients, and especially potential buyers, will be grateful for your thoroughness, and you can rest assured knowing the GLA on your client's listing is truly representative of their home. A measurement can also be a fantastic marketing tool for enticing potential buyers because they can see the layout and characteristics of the house before and after a walkthrough. Contact Gregory James Company, Inc. today to find out more about our floorplan services.