Building Owners and Managers Association
For over a 100 years, BOMA International has set the standard for measuring buildings. In 1915, BOMA first published the Standard Method of Floor Measurement for Office Buildings, an accepted and approved methodology by the American National Standards Institute. Throughout the years, the standard has been revised to reflect the changing needs of the real estate market and the evolution of office building design. Today, BOMA International is the secretariat of a suite of measurement standards:
The objective of this standard is to measure space for the calculation of Rentable Area in both new and existing industrial spaces. One of two methods may be used in this calculation guided by the dominant market practices of the area.
This standard of measurement is intended for application to buildings containing retail type occupancies relevant to both new and existing buildings whether single or multiple stories. Construction Gross Area, Exterior Gross Area and Gross Leasable Area are clearly defined.
One of the most important indicators of a home’s worth is its square footage. An American National Standard from the National Association of Home Builders (NAHB) Research Center helps homeowners and real estate professionals make accurate appraisals of a property’s size. ANSI Z765-2003, Single-Family Residential Buildings - Square Footage - Method for Calculating, suggests measuring and multiplying the home’s exterior dimensions, then subtracting unfinished space, rooms that are not usable year-round, and rooms with a sloping ceiling. An additional differentiation is made between above-grade and below-grade square footage. Armed with an accurate appraisal, sellers can decide if renovations and other home improvement projects will add substantially to the worth of their property.
The Real Estate market centers on a key piece of information, square footage. This is important for new construction as well as existing buildings. Using our guaranteed accurate as-built plans and CAD file, we can easily calculate useable area, rentable area, gross leasable area and gross square footages to industry accepted BOMA standards or standards of your choice. We are versed in industry accepted standards for the Commercial, Retail, Industrial, Residential, Mixed Use and Condominium properties. Accurate square footage numbers are crucial to any Real Estate transaction whether it is buying, selling, leasing, tax appraisals, building management services, or construction. The truth will set you free!