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A residential property just sold for $500,000. It is located on a $100,000 lot. The structure included GLA, a finished basement, an enclosed porch, and an attached garage. The total area of all these components is 7,500 square feet, of which 60% is GLA, 25% is basement area, 5% is porch area, and 10% is garage area. The basement is worth 75% of the GLA value per square foot, the porch is worth 50% of the GLA value per square foot, and the garage is worth 65% of the GLA value per square foot. What is the value per square foot of the garage space?
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