GLA Definition & Disclosure/Disclaimer

GLA Definition

Gross Living Area (GLA):  Total area of finished, above-grade residential space; calculated by measuring the outside perimeter of the structure and includes only finished, habitable, above-grade living space.  (Finished basements and attic areas are not generally included in total gross living area.  Local practices, however, may differ.)*  Additionally, garage area, storage areas, mechanical rooms, unfinished spaces, etc. are also excluded.

Below Grade Finished Living Area:  Living area where floor level is below grade, yet finish area is completed in a manner that is consistent with above grade living area finishes, is habitable, and is within the calculated load specifications of dwelling's HVAC system.

Additions and conversions to living area are so identified, when applicable and determinable, and are included within the respective living area calculation, provided design quality and finish is completed in a manner that is consistent throughout.

*Source: Appraisal Institute, The Dictionary of Real Estate Appraisal, 5th ed. (Chicago: Appraisal Institute, 2010)


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