Real Estate Math
A West Virginia home has 2,200 sq ft of heated space plus an unfinished basement of 800 sq ft. The home is listed at $55 per sq ft of heated space. What is the list price?
A$165,000
B$121,000✓ Correct
C$110,000
D$99,000
Explanation
List price = Heated square footage x Price per sq ft = 2,200 x $55 = $121,000. Unfinished basement is not included in the heated space calculation for pricing purposes.
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