Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Rehabbing & House Flipping
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 12 years ago on . Most recent reply

User Stats

588
Posts
224
Votes
Shawn Thom
  • Investor
  • McKinney, TX
224
Votes |
588
Posts

How to show addition

Shawn Thom
  • Investor
  • McKinney, TX
Posted

I'm working a rehab & sell on a smaller house that was originally a little over 1400 square feet. It has an addition on it that is about 250sq ft. Tax records still show the 1400 square feet size.

When I go to sell it, how should I show the size? I have seen MLS showing on some houses where it is listed as 1400/tax, or 1650/owner, or 1650/appraiser (assuming you got the square footage from an appraisal).

Any suggestions on how to proceed?

Most Popular Reply

Account Closed
  • Landlord
  • Seattle, WA
1,839
Votes |
3,412
Posts
Account Closed
  • Landlord
  • Seattle, WA
Replied

First I would want to verify that appropriate permits and inspections were done. I have seen way to many cases where problems came up because unpermitted work.

Buyers may have trouble before or after a purchase. Appraisers may lower the Market Value because of the unpermitted work or not remedies that must be done to have a certain value. The county may also make issue of the unpermitted work.

All in all. I would want to make sure the proper permits and inspections are recorded. It is quite possible though that the online records are not up-to-date. Researching the records at the county office may give you the information without unnecessarily informing the county at this time possible unpermitted work was done.

Loading replies...