Definition
The process of measuring square footage and dimensions of structures and living spaces. Measurement verifies that property size matches listing descriptions and affects negotiation value.
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Home measurement can be done by the buyer themselves with a tape measure, or by a professional service that creates detailed floor plans. Professional measurements are more accurate and useful if the buyer is considering renovations. Measurement discrepancies between listing information and actual measurement can affect property value and may form the basis for price negotiations.
Pro Tip
If square footage seems important to your decision, have it professionally verified.
Example
A buyer hires a measurement service for $200 and discovers the property is actually 2,800 square feet, not the 3,100 square feet listed; the buyer uses this information to negotiate a price reduction.