August 24th 2023
Realtor.com
Jeremy Kamm In The News… Realtor.com
Usually, the bigger the property, the more square footage, right? Not always, say experts.
“It is a matter of the usable or functional square footage and evaluating the areas that are wasted space,” says agent Jeremy Kamm of New York City’s Coldwell Banker Warburg.
For example, attics, garages, and unfinished basements are typically not included as usable square footage. So though you might have a 2,000-square-foot home, an appraiser might be able to value only 1,750 square feet.