Quote:
Originally Posted by Eff-1
Yeah that was one part of the contract I hated. The developer has so much leeway to change designs and floorplans after you sign. There are thresholds where if the changes exceed them, then the buyer can cancel, but those thresholds were quite high.
Like one of my neighbours ended up with something like 8% less square feet than what she paid for. Say you're paying $1k per sq ft, that hurts.
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Also units are often measured to outside walls, meaning insulation, stud, drywall chew off 1/2ft X perimeter footage as an example
800sqft condo, 20x40ft rectangle lets say, thats 120 linear ft x 1/2ft = 60sqft loss
= actual condo size is 740sqft.
Add in room dividers, extra walls, etc, and that can easily be 700sqft.
Those of you buying units, if you actually measure each room, you will find its often less than listed sqft. This applies to 50 year old buildings too.
first world problems.....