It's definitely a way of seeing it, from my own experience it very much depends on how you define the mobius strip in the $3$-d plane.
Personally I set the midsection of the strip in the $XY$-plane with a $Z$-value of $0$ as a perfect circle with radius $R$ in order to do my calculations easier (as most people do). I set the part where the actual strip is flat on the XY-plane at the positive X-axis and the part where it's perpendicular at the negative X-axis (Y=$0$). Keep in mind that other people may have done it differently and the parametrization is going to vary greatly because of that. The main difference of my parametrization is that I didn't assume a radius of $1$ but for a general magnitude $R$
$$\boldsymbol X(t,\theta)=\left(\left(R+t\cos\dfrac\theta2\right)\cos\theta,\left(R+t\cos\dfrac\theta2\right)\sin\theta,t\sin\dfrac\theta2\right)$$
I also chose to go around the full $4\pi$ as this is basically adding the top side of the positive $t$-value and bottom side of the negative $t$-value and although some may call it double counting the mobius strip is in fact parametrized in the $3$rd dimension, so it could be seen as a $3$-d object that just happens to be defined with $0$ volume, meaning that even if the points of both sides happen to be in the same location they are still two distinct sides that should both be counted. I also used a more general variable for the width of the band and saw that as a radius $r$ (which is more useful if expanded in higher dimensions)
$$Q=\{(t,\theta); \ -r<t<r , 0<\theta<4\pi\}$$
As a matter of fact I'm doing my extended essay in the IB programme about mobius strips and therefore had to make my own definition and parametrization due to the lack of a persistent one. Much like you tried to give a notion of the area of a mobius strip at the time of your question, I am trying to give a meaning to the notion of a mobius strip in higher dimensions (not the klein's bottle, I'm talking about the true analogue that can scale with an arbitrary amountof dimensions, such as how the square can become a cube or hypercube)Your post really helped me get started in the way I should be thinking, thanks a bunch!