6 Things to Know When Evaluating Square Footage

It’s easy to second guess yourself when evaluating square footage. We’ve come across our share of *ahem* interesting layouts, but the REcolorado Square Footage Companion helps clear things up. In addition to the Companion, here are six things to keep in mind.

There are three required square footage fields in Matrix.

  • Above square feet is the total of the upper, main, and lower levels
  • Total square feet is the total of the upper, main, lower, and basements levels: both finished and unfinished
  • Finished square feet is the finished portions of the upper, main, lower, and basement levels.

REcolorado square footage guide lower levels homes
There are only three property styles that have a lower level.

  • Raised Ranch – main and lower levels
  • Bi Level – upper and lower levels
  • Tri Level – upper, main and lower levels, and may also have a basement.

All other styles with level(s) below main are considered basements.

REcolorado square footage guidelines
The style of the house is defined from the front of the house, at grade, only.

Don’t define the style of the house from the side or back of the house.

REcolorado square footage guidelines basements
Don’t let basements trick you.

Walk-Outs are considered basements, not lower levels.

Basement square footage should be added to the ‘SqFt Total’ field and, if applicable, to the ‘SqFt Finished’ field.

The ‘Basement Size’ field is required. Your options are as follows:

  • Full – the footprint of the main level (e.g. the square footage is the same as the main level)
  • Partial – smaller than the main level (e.g. the square footage is smaller than the main level)
  • None – No basement

REcolorado Square footage guidelines attached garage
Garages, unless finished and a livable space, cannot be counted in the square footage fields. Decks and sheds should not be included, either.

Livable space is designed as space for someone to live and sleep. If the space was designed to hold vehicles or equipment, even if it is a heated space, it should not be considered livable.

Square Footage Other REcolorado Real Estate
How to Use the ‘SqFt Other Finished’ Field

Use ‘SqFt Other Finished’ field to note additional living space in a separate structure that is not attached to the main house. This could be living space above a garage or another smaller house on the property, including a carriage house, guest house, mother-in-law apartment, or second-generational unit. If you include data in the ‘SqFt Other Finished’ field, be sure to add it to the ‘SqFt Total’ field.