Chapter 3 - real estate

Enrique paid $250,000 for his 1,500 sq. ft. home. What was his price per square foot?

$250,000 ÷ 1,500 sq. ft. = $166.67 per sq. ft.

a section can then be divided into halves ____ and quarters ____.

(320 acres) (160 acres)

1 section

1 square mile which is 640 acres

Suppose a sales agent is asked to lease 1,500 sq. ft. of warehouse space at $3 per square foot per year. What's the total price a tenant would spend to rent all of that warehouse space?

1,500 sq. ft. x $3 = $4,500

Back to the property listed at 1,000 square feet - let's say the house is a perfect one-story rectangle with only a garage measuring 10 feet by 10 feet. How much livable area does that house have?

10 sq. feet x 10 sq. feet = 100 sq. feet 1,000 sq. feet - 100 sq. feet = 900 sq. feet

Your buddy Dave asks you to meet him for lunch at a restaurant 2 miles away. How many feet is that?

10,560

Cece wants to get new hardwood floors for her bedroom. Her room is 15 square yards. How many square feet is her room?

135 sq feet 5 sq. yards x 9 = 135 sq. feet

If a rectangular lot has an area of 14,400 square feet and a depth of 120 feet, what is the frontage of the lot?

14,400 divided by 120 equals 120! The frontage is 120 front feet.

Total sq. ft. ÷ 43,560 sq. ft. per acre = Acres

152,460 sq. ft. ÷ 43,560 sq. ft. = 3.5 acres

The SE 1/4 of a section would measure how many acres?

160

The lot in this image is a right triangle. Its base is 54 ft. and its height is 80 ft. So, how do we find the area?

1⁄2 x 54 ft. x 80 ft. = 2,160 sq. ft.

area of a triangle.

1⁄2 x Base x Height = Area

277.78 sq. yards x 9 =

2,500 sq. feet

A lot is in the shape of right triangle. The base of the triangle is 62' and the height is 90'. What is the area of the lot?

2,790

1 cubic yard

27 cubic feet

2,500 sq. feet ÷ 9 =

277.78 sq. yards

1 yard

3 feet

Ben wants to carpet his bedroom. He measures it as 270 square feet. When he gets to the Carpet Store, he finds that they sell carpet by the square yard. How many square yards is Ben's room?

30 sq yards (270 / 9) = 30

Township lines intersect with range lines to create townships, which are how many square miles?

36

1 township

36 Sections

1 acre

43,560 square feet

Jane, a prospective homebuyer, is interested in purchasing 1314 Wagon Wheel Circle. The survey says that the property's lot size dimensions are 484 ft. x 315 ft.

484 ft. x 315 ft. = 152,460 sq. ft.

1 mile

5,280 linear feet

1 linear mile is equal to

5,280 linear feet.

How many acres are there in each square mile (section) in a township?

640

1 sq. yard

9 sq feet

1 square yard is equal to

9 square feet. (3 x 3 ) = 9

Ranges

A measure of the distance east or west from a referenced principal meridian, in units of six miles

Tiers

A measure of the distance north and south from a referenced principal baseline, in units of six miles

Baselines

A parallel of latitude, referenced to and established from a designated initial point, upon which all rectangular surveys in a defined area are based

A room is 20 feet long by 15 feet wide and 10 feet high. What is the volume of this room?

A room that is 20 feet long by 15 feet wide and 10 feet high has a volume of 3,000 cubic feet.

Principal meridians

A true meridian running through an initial point, which, together with the baseline, forms the highest level framework for all rectangular surveys in a given area

Townships

Also known as a survey township; a square parcel of land of 36 square miles, or a measure of the distance north or south from a referenced baseline, in units of six miles

Sections

Approximately one-square-mile blocks of land (640 acres); there are 36 sections in a survey township

"Lot 7, Block B of the Magnolia Manor Subdivision, DeKalb County, Georgia" is a way to identify a section of property using which method of land surveying?

Block and lot method

to identify how many acres a plot of land is, we need to:

Identify the square footage of the land. Divide the land's square footage by 43,560 feet.

Assuming that the dimensions of 50' + 30' + 30' + 20' + 20' + 50' are written correctly, what is the front footage of Perry's property?

If written correctly and in standard form, the front footage of the property is the first number stated in the dimensions. For this property, that would be 50. The lot has 50 front feet.

A home measures 80 feet by 40 feet. The garage is 15 feet by 15 feet. What is the total livable area of the home?

If you multiply the home's dimensions (80' x 40') and subtract the garage's dimensions (15' x 15'), you find that the total livable area of the home is 2,975 square feet.

Square footage formula

Length x Width = Area

Asking price ÷ Total sq. ft. =

Price per sq. ft.

Range columns run parallel to meridians and create six-mile _____, and township lines run parallel to baselines and create six-mile _____

Ranges Tiers

A lot is in the shape of a triangle, with a height of 100 feet and a base of 90 feet. What is the area of the lot in square yards?

Remember that 1 square yard is equal to 9 square feet. So while the formula to find the area of a triangle is 1⁄2 x Base x Height = Area, if your base and height measurements are in feet, you'll need to divide the total by 9. 1⁄2 x 100 x 90 = 4,500. 4,500 ÷ 9 = 500, so the lot is 500 sq. yards.

One of 36 equal square-mile areas in a township is called a:

Section

Square footage is used in real estate as way to measure the size of a building.

TRUE

What is the perimeter of a rectangular lot with the dimensions of 75 ft. x 25 ft.?

The dimensions of the lot add up to 200 ft. 75 ft. + 75 ft. + 25 ft. + 25 ft. = 200 ft.

There are 2 lots side by side on Birdman Avenue. They have the same depth of 200 feet, but each has different frontages. Lot A has an area of 40,000 square feet, while Lot B is 25,000 square feet. What is the total frontage of both Lots A and B?

The total frontage of both Lots A and B is 325 feet. (40,000 / 200 = 200. 25,000 / 200 = 125. 200 + 125 = 325

Volume is measured in

cubic feet

"T2N R6E of Meridian 13" is a way to identify a section of property using which method of land surveying?

rectangular survey method

frontage

the portion of the boundary of a lot that borders the street. measured in front feet.

How to convert square yards into square feet and vice versa.

the square footage and divide it by 9

front foot

used to measure a property that borders a street.

Length x Width x Height =

volume