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Updated 4 months ago on . Most recent reply

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New Built - What to post the sq ft as ?

Posted

This is my first investment house. I am closing it in next 2 weeks. The sq ft mentioned by the builder was 2050 but the appraisal came back with 2233 sq ft. I questioned the mortgage company if this is valid as the difference is a lot. But my question is if this is correct, what should I put the sq ft of the house when I put it out for rental? 2050 or 2233? I don't know if the builder will communicate to the county that its 2050  sq ft house and if I put it as 2233 sq ft, some renters might think I am misleading them.

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Theresa Harris
Pro Member
#3 Managing Your Property Contributor
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Theresa Harris
Pro Member
#3 Managing Your Property Contributor
Replied

The county is going to go off the plan that was submitted.

As for advertizing it for rent, say 'just over 2000 sq ft' which is accurate and not misleading.  People are going to focus on the number of beds and baths and price when looking at the ad (and photos) and the layout when they come to view it.

  • Theresa Harris
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