Square Feet to Acres
acres = square feet ÷ 43,560
- square feet — Total lot area in square feet
Worked example: A parcel measures 87,120 square feet.
- 87,120 ÷ 43,560 = 2
2 acres
Area & Acreage formula
acres = square feet ÷ 43,560
acres = square feet ÷ 43,560
Worked example: A parcel measures 87,120 square feet.
2 acres
Every Freehold question shows why the right answer is right — and cites its source.
A home sells for $350,000 with a 6% commission rate. What is the total commission?
$21,000 — Multiply the sale price by the commission rate: $350,000 × 0.06 = $21,000. Commission is calculated on the full sale price unless the agreement states otherwise.
Source: PSI National Real Estate Exam Content Outline §11 Real Estate Calculations
A buyer purchases a home for $250,000 with an 80% loan-to-value mortgage. What is the loan amount?
$200,000 — Multiply the price by the loan-to-value ratio: $250,000 × 0.80 = $200,000. The remaining $50,000 is the buyer's down payment.
Source: PSI National Real Estate Exam Content Outline §11 Real Estate Calculations
A rectangular lot measures 110 feet wide by 200 feet deep. What is its area in square feet?
22,000 sq ft — Area of a rectangle equals width times depth: 110 ft × 200 ft = 22,000 square feet. To convert to acres, divide by 43,560 square feet per acre.
Source: PSI National Real Estate Exam Content Outline §11 Real Estate Calculations
All 14 formulas in one place: Real estate math reference