Definition
Definition
The US standard for measuring single-family homes.
What it means
ANSI Z765-2021 explains how to measure and report the square footage of a single-family home: from the outside walls, finished area above grade only, with basements and garages on their own lines. Fannie Mae appraisals follow it since April 1, 2022.
Compared with other terms
| Term | What it includes |
|---|---|
| ANSI Z765 | The US standard for measuring single-family homes. |
| Gross living area (GLA) | Finished area above grade, from the outside walls. |
| Finished area | Floors, walls and ceilings finished like the rest of the house. |
| Appraisal | An estimate of value that uses the GLA of the home. |