Square Footage: Why Size Isn’t Everything in Real Estate
When you’re house hunting, the sheer amount of data in real estate listings can be overwhelming. From the number of stories to the type of home (condo, single-family, etc.), building materials, lot size, and the number of bedrooms and bathrooms, there’s a lot to consider. One of the key figures you’ll come across is square footage. But while it might seem like a straightforward measure of a home’s size, square footage can be misleading. Here’s why size isn’t everything in real estate.
The Square Footage Conundrum
First off, there’s no universal standard for measuring square footage. Rules and customs vary by state, making square footage a somewhat subjective figure. Licensed property appraisers usually determine these numbers, but their measurements can conflict with tax roll figures, especially if home improvements were made without permits.
In some states, attics, basements, garages, and detached structures are excluded from the square footage count unless they’re finished as living spaces. Meanwhile, in high-rise buildings, square footage often includes balconies, even though they’re open-air and not enclosed.
Beyond the Numbers
As a homebuyer, use square footage as a rough guide, but focus more on the living spaces within the home. Here are a few key questions to ask yourself:
- Flow and Layout: Does foot traffic move smoothly from room to room? A well-designed floor plan can make a home feel much larger than its square footage might suggest.
- Room Proportions: Are the rooms the right size for their intended purposes? A smaller home with well-proportioned rooms might be more comfortable than a larger home with awkward spaces.
- Functionality: Does the home have the right spaces for your family’s needs? Consider your lifestyle and how you’ll use each room. A cozy, well-laid-out home might serve you better than a sprawling one with wasted space.
The Real Value
Ultimately, the true value of a home isn’t just in its size. It’s in how the space works for you and your family. A home with great flow, functional rooms, and a layout that fits your needs can offer more comfort and livability than a larger home that’s poorly designed. So, next time you’re browsing listings, remember: bigger isn’t always better. Look beyond the square footage to find a home that truly fits you.
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