In need of floorplan services? Let us help.
Home remodels and inaccurate estimates on public records can affect a property's value — and its attractiveness to buyers. Let LHC Appraisals give you an accurate estimation of property area to establish a fair value when purchasing a new home, marketing a property to potential clients, or reducing property taxes.
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What is a home measurement or floorplan service?
A home measurement service is just what it sounds like: An appraiser measures the dimensions and square footage of the property, then draws a basic or highly detailed layout based on your needs. The appraiser's report and floorplan is a document that can be used to prove a precise Gross Living Area (GLA), the sum of all livable space, of your home. These services are useful and sometimes necessary when challenging property taxes or selling a property.
How does a floorplan service work?
During a floorplan service, a certified appraiser takes measurements of the home or property with a measuring tool — either a tape or laser measuring device. As they tour the property, they note the layout of the rooms and other features, like stairs, hallways, and fireplaces. They might sketch out the property. Then, the appraiser creates a report and a more detailed sketch showing the total area of the house and the overall layout. The final product is a document that can be used to prove certain specs of your property — like the Gross Living Area (GLA) — on tax documentation, property listings, and more.
When are floorplan services necessary?
Disputing real estate taxes
Property tax records frequently reflect incorrect square footage because the values can come from many sources, and sometimes go unproven — which means you may be paying for more square footage than you actually own! Unless an appraiser has performed a recent valuation or measurement service on your property (after any renovation that may have affected square footage), you'll need one to perform a measurement service before challenging what you're taxed. An appraiser will establish an accurate Gross Living Area (GLA) of your property so your taxes reflect your actual square footage — and you can stop paying more than your house is worth.
Marketing a listing
A home measurement service can secure fair market value for your home. Living space is one of the biggest elements potential buyers examine when purchasing a home — but since square footage values are frequently estimated rather than properly measured, your listing may reflect less Gross Living Area (GLA) than it can take credit for. An inaccurate GLA not only decreases the potential selling price of your property, but possibly even the amount of interested buyers. The only dependable method of using a definitive GLA when listing your home or property is to reference a previous appraisal or measurement service completed by a certified appraiser (after any updating that might have affected square footage).
For real estate professionals
To make sure that your client's property sells at a price that properly reflects market value, we recommend asking for a measurement of the property. Your clients, and potential buyers, will appreciate your scrupulousness, and you can be assured that the GLA on your client's listing is a true representation of their home. A measurement can also be a fantastic marketing tool to entice potential buyers since they can review the layout and attributes of the house before and after touring. Contact us today to find out more about our measurement services.
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