Real Estate Math
A Delaware house has 2,400 square feet of living space. The comparable homes in the area sell for $175/sq ft. What is the indicated value by sales comparison?
A$400,000
B$420,000✓ Correct
C$385,000
D$440,000
Explanation
Value = Square Feet × Price per Sq Ft = 2,400 × $175 = $420,000. Using the values given ($175), apply the appropriate formula..
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