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Single Family Homes, Condos, &
Manufactured Housing |
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On average, it will take about
15 minutes to enter a complete residential listing. While most data entry
fields are self explanatory, the following guide notes are provided to help
you better understand how to properly represent the "gross living area" of
your home.
Buyers and sellers are often confused as to what represents "heated living
area" or "gross living area". In some markets, agents represent "heated
living area" as all square footage regardless of quality, above or below
grade level, and/or regardless of whether the area is heated by a central
heating system, supplemental heating, or space heating.
When comparing properties, it is essential to understand how the "size" or
"gross living area" of a home is calculated. A two story home with say, 2000
SF does not favorably compare to a one-story home with 2000 SF. Generally,
one story homes are more costly to build and have greater market appeal.
Likewise, a one story home with 1000 SF "above grade" and 1000 SF "below
grade" (partially or wholly below ground - i.e. basement) does not have the
same appeal as a one story home with 2000 SF and no basement.
It is the seller or seller agent's responsibility to accurately represent
dwelling size. Consult your agent, appraiser, builder, or architect for
assistance in determining gross living area.
While methods of calculating gross living area may vary by jurisdiction
and/or local market custom, the following fields outline how "gross living
area" should be represented on PropEx.com.
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Heated SF
L1 |
Approximate
"main level" square feet heated
by the primary or central heat system and "above ground".
(See how to calculate gross living area). |
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Heated
SF L1 |
Approximate
"2nd level" square feet heated
by the primary or central heat system and "above ground".
(See how to calculate gross living area). |
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Heated SF
L3 |
Approximate
"3rd level" square feet heated
by the primary or central heat system and "above ground".
(See how to calculate gross living area). |
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Basement Heated SF |
Approximate
"basement or below ground - partially or wholly" square feet finished
and heated
by either [1] the primary or central heat system or [2] a secondary heat
source such as electric baseboard. (See SF Remarks below and
how to
calculate gross living area). |
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Other Heated SF |
"Other"
areas suitable for "year round" living but not heated by the
primary heat system, i.e., an enclosed/finished/heated sun porch, converted
garage to den, etc. (See SF Remarks below and
how to calculate gross living area). |
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Total Heated SF |
All square feet heated,
finished, and suitable for year-round living above or
below ground. Quality of finish should be reasonably consistent with main part of dwelling. Lower quality
areas (example - a partially finished/heated basement with exposed stud
ceiling or concrete floor but paneled walls, enclosed porches,
finished/heated garages, sunrooms, or attics) should not be included but described in
SF Remarks below.
See how to calculate gross living
area. |
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SF Remarks |
Describe Basement Heated SF and
Other Heated SF areas above (example - quality of finish, areas
partially heated, etc) |
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Rentals
- Apartments, Vacation, & Homes |
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While most data entry fields in
this category are self explanatory, additional information is provided for
the following. |
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UnitType: |
Select
from pick-list items (Exp: 2Bd/1Bt, Apt/Garage,
Cabin/Hunting, Room/fireplace, VacationRental,
TimeShare, etc) |
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TotalHeatedSF: |
Note:
It is your responsibility to
accurately represent TotalHeatedSF. Consult your agent, appraiser, builder
or architect for assistance in determining improvement size. |
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UtilsProvid:
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Select
from pick-list those utilities provided by the
owner/landlord and included in the rent (or room
rate). |
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UtilsShared:
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Select
from pick-list those utilities shared with other
tenants (usually due to single metering, central
heating and cooling, etc.) |
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WhlChrAcs: |
Is unit
wheel chair accessible? |
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SiteSize: |
*
xx.xx or enter "0"
if condo |
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SiteUnit:
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Select "**Cutout" if you will
offer only a portion of the site. |
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Hazards: |
If applicable
What is... SynthStuco,
PAHs,
Formaldhy, UreaForm,
VOCs |
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Land
- Commercial & Residential, For Sale Or Lease |
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This category allows for the
listing of all types of vacant residential and commercial land offered for
sale, lease, or exchange. Most data entry fields in this category are self
explanatory however, additional information has been provided for the
following. |
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PropertyType |
Pick
from: Residential, Commercial, Farm>10Ac, Farm<10Ac, Timberland |
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Offer
Price $ |
Enter
either: [1] total offer price, [2] daily, weekly, or monthly rent, [3]
offer price per square foot, [4] offer price per front foot, [5] price per
multiple lots, [6] minimum bid (if auction) or, [7] offer price per space.
Do not enter commas. |
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Offer Unit |
Pick
from: AllLand, MultipleLots, PerAcre, PerFrontFt, PerLot, PerSpace,
PerSqFt, Unknown |
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Site Size |
Enter site size (up to 2
decimals) |
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Site Unit |
Pick from:
Acres, AcresAuctioned, AcresCutOut, LotsAuctioned, MobileHomePad,
PerAcreMinimum, SF (Square Feet), SFCutOut (Square Feet Cut Out), Spaces |
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Auction Date |
If
ListingType = "Auction", a date must be entered here. |
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Suitable Use |
Select
from pick list items. Note: This is the most
likely "highest and best use" for the property! It may be
different from the present use. Likely uses must be legally permissible,
physically possible, and economically feasible. Consult an agent,
appraiser, zoning administrator, or land use planner
for assistance in estimating "suitable uses" for
your property.
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Hazards |
Select from
multiple pick-list items! Note: All owners and agents have an
obligation to disclose known environmental hazards such as location
within an airport flight path, possible flood plain, the existence of
asbestos, or past/present site
contamination. Failure to disclose a known condition could lead to
consequences later on and result in the loss of a
sale. While disclosure does not mean that your property is not marketable,
you should disclose any known environmental
condition that could influence a buyer or tenants decision to purchase or
lease your
property. |
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Improved Commercial - For Sale Or Exchange |
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While most data entry fields in
this category are self explanatory, additional information is provided for
the following. |
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ListType: |
Enter Auction Date (below) if "Auction" is selected |
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AuctionDate : |
Enter a date only if List
Type = Auction |
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OfferPrice: |
Enter "0" if List Type
= auction -or- enter minimum bid required.
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OfferUnit: |
Select
from pick-list (exp: Bldg&Land, BldgOnly,
Bldg&Business, EntireFloor, etc).
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$PERUNIT: |
Offer Price/Unit... Exp. $100 Per SqFt, $15000
per Room, $5000 per pad, etc. |
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Unit: |
Select
from pick-list (exp: PerPad, PerRoom, PerSqFt,
PerSpace, PerTerminal, etc). |
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UnitsList: |
If
applicable, provide number, size, and a brief
description for the rental units.
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TotalBldgSF: |
Note: It is your responsibility to
accurately represent TotalBldgSF. Consult your agent, appraiser, builder
or architect to assist in determining improvement size. |
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Improved Commercial
- For Lease |
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While most data entry fields in
this category are self explanatory, additional information is provided for
the following. |
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MainUseType: |
Select
from pick list items. Note: This is the current and primary use for the property! It may be
different from the highest and best use. |
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OfferUnit: |
Select
from pick-list (exp: Bldg&Land, BldgOnly,
Bldg&Business, EntireFloor, etc).
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$PERUNIT:
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*
Offer Price/Unit... Exp. $100 Per SqFt, $15000
per Room, $5000 per pad, etc. |
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Unit:
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Select
from pick-list (exp: PerPad, PerRoom, PerSqFt,
PerSpace, PerTerminal, etc). |
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UtilsProvid:
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Select
from pick-list those utilities provided by the
owner/landlord and included in the rent (or room
rate). |
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UtilsShared:
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Select
from pick-list those utilities shared with other
tenants (usually due to single metering, central
heating and cooling, etc.) |
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WhlChrAcs: |
Is unit
wheel chair accessible? |
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SiteSize: |
*
xx.xx or enter "0"
if condo |
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SiteUnit:
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Select "**Cutout" if you will
offer only a portion of the site. |
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Hazards: |
If applicable
What is... SynthStuco,
PAHs,
Formaldhy, UreaForm,
VOCs |
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Need
help with your account or have data entry questions?
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Propex Services, LLC 46 Orchard Street
Asheville NC 828-252-3040
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