Inflated sq ft size in listings?
I've noticed during more than a few open houses recently that the homes don't quite seem to feel like the size given in their listings. One we recently viewed claimed to be 3900 sq ft, which I knew had to be waay wrong. Sure enough, I looked up the property in the town tax office and they have it assessed for 2650 sq ft. (In fact, the developer is building the same floorplan, in a neighboring town, and advertising it as 2650.) All I can figure is that they're including a finished basement in the total size. It really doesn't work in the sellers favor to overstate. In all cases we were disappointed that the home wasn't really the size we were looking for.
Is there any kind of rule/regulation as to what can be stated for sq ft-age? Inflating the size certainly lowers the price/sqft. Would we be justified in making offers based on real sq footage?
In a related issue, we looked at a home listed as 5-bed. It was really a 3-bed. There was a room (den?) directly off the kitchen that they had stuck a bed in, and another sectioned off corner of the basement that they called a bedroom. Again, another huge time-waster.