According to the ANSI standard, how must split level areas be identified?

The ANSI standard provides guidelines for measuring and reporting residential property areas, including split-level configurations. The correct option states that split-level areas can be identified as either finished or unfinished based on their height. This approach allows for a more precise representation of the usable space within a home, taking into account both aesthetics and functionality.

In a split-level home, there are typically sections of the house that may be at different heights, which can affect how each area is used and perceived. By distinguishing these areas based on their finish status—whether they are fully developed living spaces or unfinished basements or attics—it's easier for buyers and appraisers to assess the property's value and usability effectively.

The ANSI standards emphasize clarity and transparency in property reporting, ensuring that all parties involved can make informed decisions based on the properties being evaluated. This is particularly important in real estate markets where variations in property features significantly impact potential sales or appraisals.