Finished Attic Part Of Gla Appraisal
The rooms have their own heat and air covered by the same roof.
Finished attic part of gla appraisal. Part 2 of my story please understand the difference between a unfinished attic finished attic and half story. Similar to below grade rooms this space is given value in part of the appraisal other than gla. If a room which meets guideline 5 and should be included in gla has a sloping ceiling the appraiser should consider the 5 foot height rule for calculating livable space. This is a huge difference that i learned the hard way.
The attic measures about 1100 sf. Second it may cause the total gla to exceed the amount of living space allowed by that city for that lot size. The finish and the quality of the attic is the same as the main level. I have a single story house it has 5 bedrooms 4 bath 3 rooms and 2 baths are separated by a breezeway the appraiser said the 3 rooms are not part of the gla.
First it wasn t engineered to carry the load that a normal living space floor carries. The main level is 1150 sf. My question is i know it will not be considered part of the gla but should the appraiser give it at least some value. A requirement is that attic.
I wouldn t put a water bed up there. There is also a permanent heating source. The attic is now a very large bedroom and sitting room. The exterior is completely finished.
The main difference between gla and gba is that below grade living space is included in the gba. The erc guideline also states. Online public records does not show the attic as gla. Above and below grade finished areas the above grade finished square footage of a house is the sum of finished areas on levels that are entirely above grade.
Gla and attic space though some homeowners don t use their attics as living space appraisers can factor these sections into gla. Interior stairways hallways storage rooms and laundry rooms are part of the gba. The below grade finished square footage of a house is the sum of finished areas on levels that are wholly or partly below grade. I don t see how a finished attic can be included in gla unless there are permits.
I have an unfinished space above my garage that i always thought was an attic. The fannie mae selling guide does not specifically identify any requirements for inclusion of finished attic spaces or ceiling heights. There is a bathroom area and walk in closet as well. The interior needs insulation sheet rock tape and textured also needs flooring.
It does have a door from my daughter s bedroom that we use as storage. In addition there is a regular staircase leading up to the attic.