Real Estate Math
A Vermont house has 2,200 square feet of living space. The appraiser's comparable analysis suggests a value of $175 per square foot. What is the estimated value?
A$350,000
B$385,000✓ Correct
C$396,000
D$412,500
Explanation
Estimated Value = 2,200 sq ft × $175/sq ft = $385,000. Price per square foot analysis is a common shorthand in Vermont residential appraisal and real estate market analysis, though adjustments for condition, location, and features are still necessary.
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