1. What is Square Footage Calculation?

Square footage calculation is a method used in real estate to determine the usable area of a property. It's calculated by measuring the interior space and subtracting any non-livable areas (exclusions).

2. How Does the Calculator Work?

The calculator uses the standard square footage formula:

Where:

• \( \text{Measured Interior} \) — Total interior space measurement in square feet
• \( \text{Exclusions} \) — Non-livable areas to subtract (closets, mechanical rooms, etc.)

Explanation: This calculation provides the net livable square footage of a property, which is crucial for valuation and comparison purposes.

3. Importance of Accurate Square Footage

Details: Accurate square footage is essential for property valuation, tax assessment, listing prices, and fair comparisons between properties. Discrepancies can lead to legal issues or financial losses.

4. Using the Calculator

Tips: Enter the total measured interior space in square feet, then subtract any exclusions (non-livable areas). Both values must be positive numbers.

5. Frequently Asked Questions (FAQ)

Q1: What areas should be excluded from square footage?
A: Typically exclude unfinished areas, garages, closets, mechanical rooms, and outdoor spaces.

Q2: How is square footage measured?
A: Measure wall-to-wall for each room, calculate area (length × width), and sum all areas.

Q3: Does square footage include multiple floors?
A: Yes, all above-grade livable floors should be included in the total.

Q4: Why do different measurements exist for the same property?
A: Differences may come from measurement methods, inclusion/exclusion standards, or measurement errors.

Q5: Is basement space included in square footage?
A: Only if it's finished and meets local standards for livable space. Rules vary by location.