What is the calculation for determining the selling price per front foot of a lot?

To determine the selling price per front foot of a lot, the appropriate calculation is to divide the total sales price of the property by the number of front feet. This method illustrates how much each front foot costs, allowing for an effective comparison of different properties based on their dimensions and sale prices.

The reasoning behind this calculation is rooted in basic arithmetic—specifically, the concept of unit pricing. By dividing the total sales price by the total number of front feet, the result gives a clear metric on the cost associated with each front foot of the lot. This is particularly useful in real estate for assessing property values, especially in areas where lot sizes can vary significantly.

The other options do not provide a useful figure for determining price per front foot. For instance, multiplying sales price with the number of front feet would yield a considerably large number that does not represent the price per front foot at all. Similarly, dividing the number of front feet by the sales price or adding them together does not yield a meaningful or relevant figure for a buyer or an appraiser assessing property value. The right calculation gives a clear per-unit cost, which is valuable information in property appraisal and real estate transactions.