Square footage is a critical consideration in determining and comparing property values. Yet there are no uniform standards for measuring space in New York’s residential housing stock of co-ops, condo’s and townhouses.
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Measure for Measure?
Did you know that there are national standards for calculating the square footage of single family houses? Initiated in 1996 by the American National Standards Institute, and supported by the National Association of Home Builders, the published criteria differentiate between finished, heated floor areas and unfinished, unheated floor areas for above and below ground spaces. They provide specific guidelines for how to measure single family homes, and are recommended for voluntary use. A Google search shows that the state of North Carolina also publishes recommendations based on the ANSI model for computing the square footage of single family houses. The guidelines, however, are not applicable to apartment or multiple family dwellings.