Real Estate MathAreaEASY
What is the price per front foot for a 100' wide x 125' long lot that sold for $125,000?
Correct Answer
C) $1,250 per front foot
Price per front foot = $125,000 ÷ 100 ft = $1,250 per front foot
Answer Options
A
$125 per front footB
$1,000 per front footC
$1,250 per front footD
$1,500 per front footVideo Explanation3 min
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Related Topics & Key Terms
Related Topics:
real-estate-math-square-foot-calculationcommercial-property-valuation-methodslot-dimension-terminology
Key Terms:
price per front footfront footagelot valuationcommercial real estatelinear measurement
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