According to a Louisiana Board, how is "Living Area" defined?

The term "Living Area" refers to the measurement that includes the functional, heated, and livable space within a residential property. In the context of Louisiana real estate, this typically aligns with the concept of using the exterior dimensions of a structure to establish the overall living area. This encompasses not just the rooms inside but also any structural elements that contribute significantly to the livable space, thereby capturing the true size of the residence as perceived by its occupants.

This definition is important for various reasons, such as property valuations, taxation, and understanding the actual usable living space when buying or selling a home. The approach taken in Louisiana emphasizes the broader picture of living space, making the measurement based on the exterior dimensions relevant and practical in this specific context.