Needing your property measured? Let Lightspeed Appraisal Group help.
Home remodeling and inaccurate estimates on public records will affect a property's value — and a buyer's interest in it. Let us give you a reliable measurement of property area to determine a fair, unbiased value when acquiring a new home, marketing a property to potential clients, or reducing property taxes.
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What is a measurement or floorplan service?
A home measurement service is just what it sounds like: An appraiser measures the dimensions and area of your property, then draws a basic or highly detailed layout based on what you need. The appraiser's report and floorplan is a legal document that can be used to prove the precise Gross Living Area (GLA), the sum of all livable area, of your home. These services are helpful and sometimes essential when challenging property taxes or selling a property.
How does a home measurement or floorplan service work?
During a home measurement service, an appraiser measures your property with a measuring tool — either a tape measure or laser measuring device. As they move around the house, they note the layout of the rooms and other features, like closets, hallways, and fireplaces. They may sketch out the property. Then, the appraiser creates a report and detailed sketch showing the total living area and the overall layout of the house. The finished product is a legal document that can be used to prove certain details about your property — like the Gross Living Area (GLA) — on tax documentation, property listings, and more.
When are floorplan services required?
Disputing real estate taxes
Property tax records frequently reflect the wrong area of a property because the values can come from many sources, and occasionally go unproven — meaning you may be paying for more square footage than you actually own! Unless an appraiser has recently completed a valuation on your property (after any renovation that might have affected square footage), you'll need one to perform a measurement service before attempting to challenge your taxes. An appraiser will establish 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 house is worth.
Selling your home
A floorplan service can ensure that you're paid a fair price for your home. Square footage is one of the biggest elements potential buyers examine when purchasing a house — but since these values are frequently approximated rather than properly measured, your home listing might reflect less Gross Living Area (GLA) than it actually has. An inaccurate GLA not only reduces the selling price of your home, but possibly even the number of interested buyers. The only guaranteed method of using a definitive GLA when listing your home is to reference a recent appraisal or measurement service executed by an appraiser (after any updating that might have affected square footage).
Material for agents
To make certain that your client's home sells at a price that appropriately reflects true market value, we suggest seeking a home measurement of the property. Clients, and especially potential buyers, will be grateful for your scrupulousness, and you can rest assured knowing the GLA on your client's listing is truly representative of their home. A floorplan can also be a great marketing tool for getting potential buyers interested because they can review the layout and features of the property before and after a showing. Contact us to find out more about our measurement services.