Learning
How is the gross living area measured and calculated? (fanniemae.com)
Appraisers must follow the Square Footage-Method for Calculating: ANSI® Z765-2021 (“ANSI standard”) when measuring, calculating and reporting the gross living area and non-gross living areas (basement, additional structures, etc.) of the subject property for most property types.
Fannie Mae
July 5, 2023