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Showing posts with the label Real Estate in Montgomery County TX

Understanding ANSI Standards: What Realtors and Homeowners Need to Know

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The ANSI (American National Standards Institute) standards are essential guidelines used in the real estate industry to ensure consistent and accurate measurements of residential properties. These standards are crucial for appraisers, realtors, and homeowners, helping to define what constitutes Gross Living Area (GLA) versus non-livable or bonus space. What is ANSI and Why is it Used? ANSI provides a standardized method for measuring and reporting the size of residential buildings. This ensures that all properties are measured uniformly, which is especially important during the appraisal process. Lenders, appraisers, and real estate agents rely on these standards to accurately determine a property's value, ensuring fairness and transparency in transactions. Defining Gross Living Area (GLA) According to ANSI standards, GLA includes the areas of a home that are finished, heated, and suitable for year-round use. These areas must have a minimum ceiling height of 7 feet in at least 50% ...

Manufactured Homes, Modular Homes, and Site-Built Homes: What’s the Difference?

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Manufactured homes, previously known as mobile homes, have significantly evolved since their inception. In Montgomery County, Texas, the introduction of the HUD code in 1976 ensured these homes met specific standards for safety and quality. Built entirely in a factory and transported to their final location on a permanent chassis, manufactured homes must adhere to HUD standards for construction, strength, and durability. They are generally more affordable due to the efficiency of factory construction, and modern advancements have significantly improved their quality and design. However, manufactured homes may face zoning restrictions in Montgomery County and often depreciate in value over time. They can also be more challenging to finance and insure. To identify a manufactured home, look for a HUD tag (metal plate) affixed to the exterior of the home. Modular homes serve as a middle ground between manufactured and site-built homes, combining the benefits of factory efficiency and tradi...