Global Real Estate: Transaction Tools Chapter 2: The Metric Wor
Global Real Estate: Transaction Tools Chapter 2: The Metric World.
Dec 26, 2015
Welcome message from author
This document is posted to help you gain knowledge. Please leave a comment to let me know what you think about it! Share it to your friends and learn new things together.
Transcript
Global Real Estate:Transaction Tools
Chapter 2: The Metric World
In This Chapter
• The metric system applied in real estate• Conversion formulas • Estimating
Page 24
Learning the Metric Language
• Provide meaningful information on value, area, and distance
• “Translate” with numbers to communicate value
Page 25
Square Feet to Square Meters
Square Feet 10.7639 = Square Meters
Page 25
Square Meters to Square Feet
Square Meters x 10.7639 = Square Feet
Page 25
Price
• Price per square foot x 10.7639 = price per square meter
• Price per square meter 10.7639 = price per square foot
Page 25
Annual or Monthly
• Monthly Cost x 12 = Annual Cost• Annual Cost ÷ 12 = Monthly Cost
Page 26
Estimating Area
• Use a factor of 10• DIVIDE square feet by 10 for estimated
square meters• MULTIPLY square meters by 10 for
estimated square feet
Page 26
Somewhat Smaller
Page 27
Somewhat Larger
Page 27
Centimeters and Inches, Meters and Yards
• Centimeters ÷ 2.54 = inches• Inches x 2.54 = centimeters• 100 centimeters ÷ 2.54 = 39.37 inches• 100 centimeters = 1 meter
– Slightly longer than 1 yard
Page 27
Hectares and Acres
• Hectares x 2.471 = Acres• Acres ÷ 2.471 = Hectares• 1 hectare = 10,000 square meters
Page 28
Skill Practice: Metrics
Page 29
Page 31
Key Point Key Point ReviewReview
Related Documents
