Humber/Ontario Real Estate Course 3 Exam Practice

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Prepare for the Humber/Ontario Real Estate Course 3 Exam. Study with challenging questions and detailed explanations to enhance your understanding. Get ready to excel in your exam!

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How would a salesperson calculate the total living area of a one and a half-storey home with the given floor and dormer measurements?

  1. 273.25 square metres

  2. 55.90 square metres

  3. 24.93 square metres

  4. 267.25 square metres

  5. 178.14 square metres

  6. 100.58 square metres

The correct answer is: 273.25 square metres

To determine the total living area of a one and a half-storey home accurately, a salesperson must take into account both the main floor and the upper floor areas, including the space created by the dormers. In a one and a half-storey home, the upper level typically has sloped ceilings, which might require specific considerations for square footage. The calculation should include not just the main floor's measurements but also ensure that the upper level is measured correctly, reflecting the areas where the ceiling height allows for usable space. The figure of 273.25 square metres suggests that this total accurately incorporates the main floor's area along with the upper floor dimensions, taking into account the usable space provided by the dormer. This combined measurement adheres to real estate standards for defining a living area, ensuring that all appropriate square footage is considered. This understanding is critical because inaccurately measuring these areas could lead to significant implications for listing prices, property valuations, and buyer expectations. Other options may represent incorrect calculations that fail to encompass the entire living area accurately. Thus, the total living area calculation arriving at 273.25 square metres is a comprehensive and well-reasoned figure for the entire home, affirming its validity as the correct response.