Using price data from several recent housing transactions in a particular area, Polaris Real Estate Group has identified the main characteristics that affect prices. The estimated value impact of each characteristic, as well as a standard base price, is as follows: Characteristic Units Impact Base price $121,000 Living area Square feet $35/square foot Number of bathrooms Number $7,600/bathroom Age of home Years $5,600/year Using the above values, estimate a price for a five-year-old home that has a living area of 1,500 square feet and two bathrooms.