Originally posted by @Alex Uman:
@Matt Dixon Egress is only required in the basement if you plan on including the basement square footage as apart of the total square footage of the property. …
That is not how building codes read, at least in the past decade. Finished basement space must have egress - period - if done within the past decade. Basements that were finished over twenty years ago would be grandfathered.
For the subject property, we don’t have any record of when the basement had been finished; I am assuming it was done in the 2018 remodel. Perhaps it was done more than twenty years back, and just freshly painted in 2018. No way to be certain.
And below grade space is normally not included as part of the interior square footage - at least by competent appraisers. So adding it to a listing’s square footage is … well, shady IMO unless it is stated separately as something like “finished basement is an additional xxx sq ft”.