Global Real Estate: Transaction Tools Chapter 2: The Metric World
In This Chapter The metric system applied in real estate Conversion formulas Estimating
Learning the Metric Language Provide meaningful information on value, area, and distance “Translate” with numbers to communicate value
Square Feet to Square Meters Square Feet 10.7639 = Square Meters
Square Meters to Square Feet Square Meters x 10.7639 = Square Feet
Price Price per square foot x 10.7639 = price per square meter Price per square meter 10.7639 = price per square foot
Annual or Monthly Monthly Cost x 12 = Annual Cost Annual Cost ÷ 12 = Monthly Cost
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
Somewhat Smaller Square Feet Square Meters
Somewhat Larger Square Meters Square Feet
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
Hectares and Acres Hectares x 2.471 = Acres Acres ÷ 2.471 = Hectares 1 hectare = 10,000 square meters
Skill Practice: Metrics
Key Point Review