What Does Below Grade Mean?
Below grade in real estate is a term that describes a space that is below ground level – usually referred to as a basement.
Real Estate Agent Explains Below Grade
Below grade areas are usually referred to as basements, but the definition is more specific than that. That is, the floor itself is below ground level. It doesn’t matter how much of the space is above ground, though. You could have a basement floor that is only one foot under the ground and it would still be a below grade floor.
Some buildings such as split-level houses may have more than one floor below grade. Here is an example:
Here you can see that there is more than one floor below grade. This 4-level split technically has 2 basement levels. Even if
Why Does It Matter?
Below grade status is important for the same reason above grade status is – that square footage isn’t counted on real estate listings. You want to know where everything is in relation to the ground. A basement is not the same as an upper floor and so on paper, labeling things below grade gives some more detail about the home’s layout. Having three bedrooms above grade and one below is much different than having them all on an upper floor.
by +Alan F Macdonald REALTOR® | Copyright © – gimme-shelter.com