Which statement is correct regarding inspections and property square footage?

The statement that contractors, appraisers, and architects all use square footage to assign value is correct because square footage is a critical measure in the valuation and assessment of properties. Contractors will consider square footage when estimating construction costs and determining how much material is needed. Appraisers utilize square footage as one of the primary factors in establishing the market value of a property; larger properties or those with more square footage typically have higher values. Architects might also use square footage to design spaces efficiently and maximize usability while adhering to codes and specifications.

This concept underlines the importance of square footage across various roles involved in property evaluation and enhancement, showing how it serves as a common metric in assessing property value and utility. The application of this measure is not uniform for all professionals, as their perspectives and purposes may vary, but they do rely on square footage as critical information in their respective functions.