The table below indicates square footage and sales price for multiple houses in the United States.
If I build a 500 square foot addition, how much would my home value increase? 
What percentage of variation in home value is explained by the variation n house size? 
A 3000 square foot house is listed for $500,000, is this price normal for real estate values in the US? 
What is the cause of this discrepancy?
 
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