![]() ![]() There are a variety of residential units in existence today, each with its own unique features and amenities. Not only does TLA allow for a more accurate calculation of property taxes, but it’s also important for determining the number of bedrooms and bathrooms your home can accommodate. Total living area (TLA) is one of the most important factors you should consider when calculating your home’s square footage. Why TLA is so important Photo by CHUTTERSNAP on Unsplash For example, if your house is 240 feet long and 100 feet wide, your TLA is 4,000 square feet. You can calculate TLA by taking the length of a side of your house and multiplying that by the width of that side. But if you want to know how much space your home occupies or how much land it occupies, you need to calculate the TLA. If you are like most homeowners, you probably don’t think about square footage very often. If you ADD the exterior and interior square footage together (2,000 + 100 + 150 = 300), it’s clear that you are dealing with an area larger than 300 square feet – which is why we call it “total living area.” Add these two figures together and you’ve got your TLA.įor example, if you have a 2,000-square-foot house with an exterior perimeter of 100 feet and an interior perimeter of 150 feet, your TLA would be 300 square feet. The interior square footage is measured from the floor to the ceiling in every room and includes any basement or attic space. The exterior square footage is measured on the exterior walls and covers everything above the ground level, including any yard or patio. To calculate the total living area (TLA) of a property, you must take into account both the exterior and interior square footage. How to Calculate TLA Photo by Tito Rebellious on Unsplash ![]() In real estate, the area is often used to compare one piece of property against another. ![]() But what is an area, really? The area is defined as the total size of a rectangular figure or object. Most of the time when people are thinking about real estate, they are thinking in terms of area. TLA usually shows up in real estate documents, legal contracts, and property maps. This property could be either private or public space, and it’s important because the private space is owned by a certain entity and held by trustees over time. Total Living Area is a term that refers to the total size of all habitable land and water with the extent of ownership rights. ![]()
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