If you're considering selling or buying a home, you may have come across the question of whether a basement bedroom can be counted as a bedroom in the home's appraisal. In the following video discussion between Mike Love of Great Move Realty and Mike Storekel of Hamilton Appraisal Services, this topic is explored.

The short answer is that a basement bedroom can be listed in the appraisal report, but it won't count towards the Gross Living Area (GLA) calculation. The GLA only counts areas that are 100% above grade, which means that only living space that's completely above ground can be counted towards the total square footage of the home.

While a basement bedroom may not be included in the GLA, it can still be a valuable selling point for a home. It's important to note that the basement bedroom will still need to meet certain criteria to be listed as a bedroom, such as having a window and adequate ceiling height.

If you're selling your home and have a basement bedroom, it's a good idea to highlight its features and potential uses for buyers. If you're buying a home and are interested in a basement bedroom, keep in mind that it may not count towards the GLA, but it can still provide additional living space.

Overall, the inclusion of a basement bedroom in an appraisal report can vary depending on the appraiser and the specific circumstances of the home. It's always a good idea to consult with a knowledgeable real estate agent and appraiser to get a better understanding of how your basement bedroom may affect the overall value of your home.

If you have any questions about the appraisal process or real estate in general, don't hesitate to reach out to The Mike Love Team.