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What is the price per front foot for a 50' wide x 100' long lot that sold for $75,000?

Correct Answer

D) $1,500 per front foot

Price per front foot = $75,000 ÷ 50 ft = $1,500 per front foot

Answer Options
A
$125 per front foot
B
$1,000 per front foot
C
$1,250 per front foot
D
$1,500 per front foot
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Why This Is the Correct Answer

Price per front foot = $75,000 ÷ 50 ft = $1,500 per front foot

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