Price per square foot - Study guides, Class notes & Summaries

ASREB Practice Exam, Sessions 1-18, Study Guide Questions Correctly Answered And Graded A+ ASREB A 3.45-acre lot sells for 50 cents per square foot. What is the selling price? A) $37,570 B) $75,141 C) $76,230 D) $78,712 B 3.45 acres x 43,560 = 150,282 SF 150,282 SF x $0.50 = $75,141 A blind ad refers to an ad that A) provides no price. B) provides no address. C) gives no indication that the property is listed with a broker. D) gives no indication that the property has bene ...

McKissock Appraisal Procedures Question and answers rated A+ McKissock Appraisal Procedures A single unit residence sold for $126,000. It was rented for $1,100 per month but the market rent was $1,200. What is the GRM indicated by this sale? - correct answer 105.0 A building was constructed in July 2000 for $754,200. The cost index at that time was 133.6. The current cost index is 201.8. What is the indicated cost new of the building today? - correct answer $1,138,842 Property that fr...

Scope of Work Rule - ANSWER-1. Identify the problem to be solved 2. Determine and perform the scope of work necessary to develop credible assignment results 3. Disclose the scope of work in the report Scope of work acceptability - ANSWER-When it meets or exceeds: 1. Expectations of parties who are regularly intended users for similar assignments and 2. What an Appraiser's peers actions would be in performing the same or similar assignments Economic Basis of Model Building - ANSWER-Sup...

McKissock Liberty University -McKissock Appraisal Procedures with complete solutionsA single unit residence sold for $126,000. It was rented for $1,100 per month but the market rent was $1,200. What is the GRM indicated by this sale? - correct answer 105.0 A building was constructed in July 2000 for $754,200. The cost index at that time was 133.6. The current cost index is 201.8. What is the indicated cost new of the building today? - correct answer $1,138,842 Property that fronts on a lak...

pearson vue sample test 100% solved 2024 a. the landlord must have intentionally withheld required repairs or maintenance - Answer- In order for a tenant to claim relief for constructive eviction: a. the landlord must have intentionally withheld required repairs or maintenance b. any defects must be deemed to present a health hazard to the tenants c. the tenant must prove continuous residence in the premises d. the defect must be related to either heating or water systems c. bill of...

ASREB Practice Exam, Sessions 1-18, Study Guide Questions Correctly Answered And Graded A+ ASREB A 3.45-acre lot sells for 50 cents per square foot. What is the selling price? A) $37,570 B) $75,141 C) $76,230 D) $78,712 B 3.45 acres x 43,560 = 150,282 SF 150,282 SF x $0.50 = $75,141 A blind ad refers to an ad that A) provides no price. B) provides no address. C) gives no indication that the property is listed with a broker. D) gives no indication that the property has bene ...

Question 1 THE SALE PRICE CONSTANT IS $250,000. THE VARIABLE IS $35 PER SQUARE FOOT. THE SUBJECT IMPROVEMENT IS 3,545 SQUARE FEET. NOI IS $25,000, WHAT IS THE VALUE OF THE SUBJECT? a. $124,075 b. $250,000 c. $274,075 d. $374,075 - ANS Correct Answer: D Simple Linear Regression y = a + bx 374,075 = 250,000 + (35 x 3,545) Question 2 A 15-year old office property recently sold for $1,400,000. The cost to replace the building is $1,625,000. Land in that office...

ASREB Practice Exam Questions with 100% Correct Solutions A 3.45-acre lot sells for 50 cents per square foot. What was the selling price? a. $37,570 b. $75,141 c. $76,230 d. $78,712 - Correct Answer ️️ -b. $75,141 A blind ad refers to an ad that a. provides no price b. provides no address c. gives no indication that the property is listed with a broker d. gives no indication that the property has been sold or not - Correct Answer ️️ -c. gives no indication that the property i...

Basic Appraisal Procedures, test review 2024 "The age of property that is based on the amount of observed deterioration and obsolescence it has sustained" is the definition of ____________ age. -Answer-effective In what type of heating system would you find an expansion tank? -Answer-hot water Which of the following would be general data? -Answer-mortgage rates, unemployment rates, property tax rates A comparable new house just sold for $440,000. You estimate the value of the site at $9...

Mississippi Real Estates Math Questions and Answers Already Passed A homeowner bought a house one year ago for $250,000. Since then, the homeowner has spent $4,000 to pave the driveway and has added a screen porch at a cost of $3,000. Total depreciation has been $6,000. What is the homeowner's adjusted basis? $251,000 A buyer secured a $125,000 loan at 4.5% interest rate. To receive a lower interest rate, the buyer was required to buy down three discount points. How much were the di...