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Article: Square footage standard changes
- Article from:
- America's Community Banker
- Article date:
- July 1, 1996
- Author:
CopyrightCopyright America's Community Bankers Jul 1996. Provided by ProQuest LLC. (Hide copyright information)
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In April, the National Association of Home Builders' Research Center led the way in the adoption of a voluntary, longoverdue national standard for the measurement and calculation of floor area sizes in single-family homes.
This new standard identifies and reconciles many before unresolved issuesboth technical and political-for almost everyone associated with housing throughout the United States. In and of itself, the standard is sound, although it has some marketing and communication problems that need to be addressed for those appraisers and lenders electing to use and rely on this standard.
While the creation of this NAHB standard formally began at the request of the Home Builders ...