Real Estate MathAreaEASY
Jane learns that a lakefront property sold for $700,000 with 400 feet of lake frontage. About how much per front foot?
Correct Answer
B) $1,750 per front foot
Price per front foot = $700,000 ÷ 400 = $1,750
Answer Options
A
$1,500 per front footB
$1,750 per front footC
$2,500 per front footD
$2,750 per front footVideo Explanation3 min
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Why This Is the Correct Answer
Price per front foot = $700,000 ÷ 400 = $1,750
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