Every now and then I like to write about gross living area. (GLA) There are several reasons for this. First, it is often the sole metric by which people, who are not appraisers, use to estimate the value of their home. Second, while appraisers adjust for other features of a home, gross living area is… Continue reading Is It Gross Living Area or Not?
Selling or buying a home? Need to know if it will pass an FHA inspection without any violations? This article discusses some common FHA violations seen in many homes.
You may have never heard the word fenestration until reading an appraisal report. What is it? It is the design and positioning of windows and other openings in a building. Imagine this room, pictured below, without any windows. Or maybe just a small window or two. It would not be nearly as appealing, would it?… Continue reading What is Fenestration and How Can it Affect Value?