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PricingReal Estate

Square Footage unavailable?1060

Dennis_N private msg quote post Address this user
Hey guys. Quick question.
How do you price a home that doesn't have a square footage listed?
I just got that one today.
I know what to price if I know the number, but I've never calculated sq ft area myself before.
Is there a standard method to do this?
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Jamie private msg quote post Address this user
Manually calculate it or just go within a range. If the agent provide a size, use that.
Post 2 • IP   flag post
Queen_City_3D private msg quote post Address this user
If you're looking for the actual method to calculate, here's what I do:

I draw the shape of the house out and start putting in the measurements.

It the home isn't rectangular then I try to break that large shape down into as many squares and rectangles as possible.

From those smaller shapes I multiply length x width.

That gives you the area of each smaller shape.

Add them together to get total area.

Here's a video on the subject:

Post 3 • IP   flag post
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DanSmigrod private msg quote post Address this user
@Dennis_N

Tip: offer 2D Floor plans with measurements for $XX from a provider listed in the:

We Get Around Matterport 3rd Party Solutions Directory

1. More money for you ( "Would you like fries with that?" )
2. Saves your time calculating sf
3. Adds value to your services
4. Adds value to your client for their client

While Matterport announced schematic floor plans, they are still in beta.

Dan
Post 4 • IP   flag post
Dennis_N private msg quote post Address this user
Thanks for the help guys. Dan, I am subscribed to the Unrealer if that's what you mean.
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CarlosFHdz private msg quote post Address this user
-If the home is going to be sold, ask the agent for the tax records to show what it is. (Majority of them go by that for their listing information). You might be able to see the tax records on your own, just search for county property tax records, most of it is public information.
- I've had one agent say the home is right below one of my pricing sections just to pay less. I charged him what was on the tax records or what they advertised as the SF for the home which was more than he said.

Carlos.
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ron0987 private msg quote post Address this user
We like Carlos go for the tax assessors link in our area, quick easy and a very rough estimate.

Ron
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DanSmigrod private msg quote post Address this user
Promoted Post

---

Hi @Dennis_N

About 2D and 3D Floor Plans - with measurements - We Get Around Referral Network Premium Member RoomSketcher (MUG Member @PetraSoderling) offers these solutions using the Matterport 3D Showcase. Plus, they off a DIY floor plan creation solution too.

You can PM @PetraSoderling for more info too.

Best,

Dan

P.S. RoomSketcher is listed in the We Get Around Matterport 3rd Party Solutions Directory
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