MLS Style Category Definitions 1. (SF) One Story (ONEST) One story single-family house 2. (SF) One 1/2 Stories (ONEHF) One 1/2 story single-family house. Second floor only has adequate ceiling height in a portion of it. 3. (SF) Two Stories (TWOST) Two story single-family house. Has adequate ceiling height throughout upper story. 4. (SF) More Than Two Stories (MRTTS)...Read More

“Whole” vs. “Fractional” Floors Homes have half-Baths; why not half-floors? Or multiple half-floors? Functionally, that’s exactly what a Split-Level is. Ramblers & Two-Stories Of course, the easier cases are ramblers and two-stories. Digitally, a rambler with a finished basement would be expressed as “+1.0; -1.0” for the first floor and lower level, respectively. A two-story with...Read More

Changing Mix of Comp’s (“Comparable Sold Properties”) It may strike non-professionals as odd, but real estate market values are established by “looking through the rear view mirror” — that is, by scrutinizing recent, similar sales as near to the subject property as possible. Every rule has its exceptions, but the conventions in residential real estate are: ...Read More