Price Per Square Foot Calculator (2024)

The price per square foot calculator helps you compare the cost of homes, taking into account their size. You can use it no matter if you want to rent or buy.

We show you how to calculate the price per square foot and tell you how much is a square foot. So, let's get going and start using the cost per square foot calculator!

Properties for sale or rent all have their own sizes with different prices. In situations like this, it's good to have a fairer metric to aid comparisons. A common way to measure a property's value for money in the real estate industry is the price per square foot of livable floor space (we generally don't include lofts, cupboards, etc.). The equation to calculate this metric is:

  • price per square foot = price / floor space (ft²).

You can use the same formula for rental properties by replacing price with the monthly rental cost to get a value for the rent per square foot.

  • rent per square foot = monthly rent / floor space (ft²).

How much is a square foot?

You can visualize a square foot as a square with sides one foot in length, which is 12 inches. So, in square inches, a square foot is 12 inches × 12 inches = 144 inches². In everyday terms, a square foot is about the size of a large laptop computer.

In the metric system, a square meter is the standard unit for floor space and is roughly ten times the area of a square foot. More precisely, one square meter is 10.87 square feet, or, the other way around, one square foot is 0.092 square meters.

🙋 To explore more about how much is a square foot, head on over to our area converter calculator.

To use the cost per square foot calculator, follow these instructions below:

  1. Enter the price. This figure can be the purchase price of a property or its monthly rental.
  2. Enter the square footage area of the property. The real estate agent should provide you with this information.
  3. Watch as the calculator instantly calculates and displays the price per square foot.
  4. Try our Omni calculator in the reverse direction. If want to put your house on the market, you may know the average price per square foot in your area, so enter this value into the calculator first. Next, enter the square footage of your house. The calculator will then show you the amount you should ask for your property.
  5. You can also use this calculator to compare up to three different properties. All you do is answer "Yes" where the calculator asks if you want to compare a second or third property.

Examples of comparing properties by price per square foot.

Are you interested in a few houses, but want to see which is the best value of money when it comes to living space? Let's take a look at a real-life example of how to calculate the price per square foot! An owner listed one property for $290,000 which has 1,400 square feet of floor space. The second property costs $310,000, with 1,200 square feet of space. Finally, the third property has 2,400 square feet of floor space and sells for $400,000. Let's calculate the price per square foot for all three properties:

  1. property 1 price per sqft = $290,000 / 1,400 = $207.14
  2. property 2 price per sqft = $310,000 / 1,200 = $258.33
  3. property 3 price per sqft = $400,000 / 2,400 = $166.67

You can see that the third property, while more expensive than the other two, has a lot more space relatively. Its price per square foot of floor space is much lower, making it the best value for money. There are, of course, many other factors to consider when buying a property, but the price per square foot is one of the key figures to keep in mind.

🙋 Once you've found a property, our flooring calculator might be worth checking out if it needs new carpets or wooden flooring.

FAQ

How do I determine the footage given price?

To determine footage, you need to:

  1. Write down the total price.
  2. Write down the price per square foot.
  3. Divide the number from Step 1 by that from Step 2.
  4. The result is the footage of your property.

How do I compare two properties with different footage?

The best way to compare two properties, given the footage and price, is to compute the price per square foot. To obtain this value, for each property, divide the price by the footage. The property with the lower price per footage is cheaper relative to its surface, even if it's more expensive in total price.

Price Per Square Foot Calculator (2024)

FAQs

How do I calculate price per sq foot? ›

As a homeowner, you can calculate your home's price per square foot by taking the purchase price of the home and dividing it by the square footage of the home. If you purchase a home with 1,500 square feet for the same price, the cost per square foot would be $166.67.

Is price per square foot a good indicator? ›

“[Price per square foot] gives buyers a sense of where a listing sits relative to other listings on the market,” she says. “If a listing's price per square foot is dramatically different than other similar homes on the market, it signals to buyers that the home may be priced too high or too low.”

How do you calculate price per square inch? ›

To calculate the price-per-square-inch of a work of art is simple: you multiply the length of the piece by its width to get the number of square inches, and then you divide the price of the piece by the number of square inches.

How many feet is 1 square feet? ›

It's defined as the area inside a square that measures one foot per side. Area is equal to length multiplied by width. So, one square foot is equal to an area that's one foot long by one foot wide.

How is price per square foot converted to price per square yard? ›

Compare footage to yardage

So if you have a measurement in square feet, you can easily convert to square yards by dividing by nine. If you are looking at a square-yard price and want to know the price per square foot, also divide by nine.

How do you calculate price per square foot for carpet? ›

Average price per square foot

After calculating the sq. ft of each room, multiply the width by the length then add 20% to get a good estimate for the average price per square foot for you area.

Why don't appraisers use price per square foot? ›

The biggest misconception is that the appraisal value is determined using the neighborhood's dollar per square foot cost. This is not the case! It's actually reversed. So the price per square foot is the result of the appraised value.

Why are larger homes worth less per square foot? ›

Because the bigger the house plan, all other things being equal, there are more square feet to spread the cost over.

What is average sales per square foot? ›

It is estimated by dividing the total sales revenue of the store by the actual square footage of the selling space. This metric helps evaluate the efficiency of a retail store's use of space and the overall profitability of the business.

How do you calculate cost price? ›

Cost price = Selling price − profit ( when selling price and profit is given ) Cost price = Selling price + loss ( when selling price and loss is given )

How do you calculate cost per price? ›

FAQs on Cost Price Formula

Cost price formula when gain (profit) percentage and selling price is given as, Cost price formula = {100/(100 + Profit%)} × SP.

How do you calculate price? ›

Determine the total cost of all units purchased. Divide the total cost by the number of units purchased to get the cost price. Use the selling price formula to calculate the final price: Selling Price = Cost Price + Profit Margin.

What is 12x12 feet in square feet? ›

So if a bedroom is 12 feet wide and 12 feet long, it is 144 square feet total (12 x 12 = 144 sqft). Basically, the square footage of the room is the total area or size of the space.

What is 10x10 feet in square feet? ›

To get this answer, compute the area in sq ft as 10 × 10 = 100 sq ft and recall that 1 sq ft = 0.0929 sq m .

How many square feet is a 12x16 room? ›

How many square feet is a 12x16 room? The square footage of a room 12 feet wide and 16 feet long is 192 square feet. Find the square footage by multiplying the width (12 ft) by the length (16 ft).

Does price per square foot decrease with size? ›

As a home gets larger in size, the price per square foot often drops. This is another danger of using prices by square footage to put a value on a home. Another example is bedroom counts. A smaller four-bedroom home may have considerably more value than a three-bedroom home with gigantic rooms.

What is the formula for price per yard? ›

First, determine the price ($). Next, determine the total length (yd). Next, gather the formula from above = PPyd = P / L.

What is difference between square yard and square feet? ›

How many Square Feet in 1 Square Yard? 1 Square Yard = 8.999999519 Square Feet.

Is carpet sold by the yard or foot? ›

Most retailers sell carpet by the square foot, but some sell it by the square yard. Carpet is often sold in pre-cut rolls of either 12, 13.5 or 15 feet width. However, buying a roll of carpet is likely to produce more waste than carpet tiles, which tend to be more precise.

Is 200 square feet a big difference? ›

A 200 square foot space is about the size of a one-car garage. In other words, the average car could fit into 200 square foot place with a small amount of wiggle room. Imagine a space smaller than a bedroom for 100 square feet.

Is carpet cheaper than vinyl? ›

If you consider installation and upkeep costs, carpet is more expensive than vinyl. Our prices range from $30 to $100 per square metre at Carpet One. High-quality brands tend to be more expensive, but there are cheaper options too. This gives you some flexibility, depending on your budget.

Do appraisers count garage in square footage? ›

The garage does not count towards the square footage of a house, as that is considered an unfinished space. A garage will only count towards the square footage of a home is if it has been legally converted into a living space.

Do appraisers confirm square footage? ›

The appraiser, on the other hand, evaluates the total value of a home. That means calculating square footage that includes everything, even an unheated basem*nt, attic, and other nonliving spaces.

Do appraisers count closets as square footage? ›

In general, areas like staircases and closets count as finished square footage. Spaces like garages, three-season porches and unfinished basem*nts or attics are not included in the square footage of a house.

What is a good dollar per square foot? ›

The average cost can range from $54 to $270 per square foot based on a home size of 2,600 square feet. These cost estimates are for a standard suburban tract house. Neither economy or luxury in quality, it's your typical suburban tract home. An economy home might cost as little as $33 per square foot.

What size house sells best? ›

Realtor.com says that large homes get more views on its website than smaller ones: For instance, an 8,000-square-foot mega mansion saw 30% more traffic than a 1,000-square-foot house. But in reality, the larger the property, the longer it stays on the market.

What is a good size of a home in square feet? ›

On average, the ideal square footage is about 600 – 700 square feet per person. That means a family of three will want a house that's at least 1,800 square feet. A family of four will want a home that's around 2,400 square feet.

What is high sales per square foot? ›

A high sales-per-square-foot number indicates that your store's management is efficient in driving sales in the space allotted to them. It means they are apparently doing all the right things when it comes to choosing and displaying products in-store.

What store makes the most money per square foot? ›

The top retailer, based on sales per square foot, is Apple , CoStar found. This might not come as a surprise for many, considering the hefty price tags on many of the technology company's products, which range from MacBooks, to iPad devices to the Apple Watch. Apple does $5,546 in sales per square foot.

What is an example of sales per square foot? ›

To calculate this metric, divide total in-store sales by the available selling area in the store. In the last month, for example, Jenny's Apparel Hub, a family clothing store, sold $1 million worth of merchandise in its 2000-sq-ft shop. In this case, the store's sales per square foot will be: $1,000,000 / 2000 sq.

What is the basic formula of cost? ›

The general form of the cost function formula is C ( x ) = F + V ( x ) , where F is the total fixed costs, V is the variable cost, x is the number of units, and C(x) is the total production cost.

How many square feet is a 14x14 room? ›

200 sq ft. The primary bedroom in the house might be around this size. Another way to look at it is the size of a one car garage. Its about a 14x14 square foot bedroom.

How many square feet is 10ft by 12ft? ›

10 ft x 12 ft room = 120 sq. ft.

How many square feet is a 15x15 room? ›

Just multiply the length by the width to find the square feet of a square or rectangle room or area. Here are the calculations, the formula, and the solution. 225 square feet in a 15 by 15 room. Keep in mind that square feet can be abbreviated to sq ft or just ft2.

How many square feet is a 5x5 room? ›

5'x5' This size unit yields 25 square feet of space.

How many square feet is a 7x7 room? ›

7 x 7 - Medium ( 36-101 sq. ft.)

How much sq ft is 12x24? ›

Square footage: 288 sq. ft.

Is 1200 square feet enough? ›

1200 Square Feet:

You may get a spacious living room as well as three bedrooms apartments and two bathrooms in a 1200 square feet apartment. This offers plenty of living space for a family without feeling cramped.

What is the square footage of a 12x20 room? ›

Square footage: 240 sq. ft.

What is the cost of one acre of land at $2.25 per square foot? ›

An acre consists of 43,560 square feet. 43,560 × 3 = 130,680 total square feet. $130,680 × 2.25 = $294,030.

How do you calculate price per square foot for painting? ›

To calculate a price per square foot, you can divide the square footage of your home or the area you expect to paint by the total price quoted by a painter. If painting yourself, check the paint can to see expected coverage in square footage and multiply its cost by how much you'd need to cover your walls.

How many square feet are in an acre? ›

1 Acre is equal to 43560 Square Feet.

How do you calculate sale price per acre? ›

At first glance, how to calculate price per acre (PPA) is a relatively simple equation. It is the value of your property (v) divided by the number of acres (a). So, v ÷ a = PPA.

How do you calculate price per square foot in acres? ›

The math is straight-forward for converting square feet to acres — just divide your property's square footage area measurement by 43,560. The result is the land area in acres.

What do painters charge per hour? ›

Hourly rates for professional painters can cost you between $20 and $50 for a basic paint job, or $100 or more per hour for more specialized work like painting murals or using a particular level of paint.

How are labor costs calculated for painting? ›

How much do painters usually charge? On average, interior painting contractors charge between $1.50 and $3.50 per square foot. Prices average around $1.50 to $3.50 for walls only and $3 to $4 if you include trims and ceilings. The U.S. national average cost to paint a home interior is between $951 and $2,906.

How much does it cost to paint a 10x10 room? ›

Size of the Room
Room Size (in feet)Average Cost
10'X10'$200–$600
10'X12'$240–$720
12'X12'$290–$870
14'X16'$450–$1,350
1 more row
May 10, 2023

How many square feet is 12x12? ›

So if a bedroom is 12 feet wide and 12 feet long, it is 144 square feet total (12 x 12 = 144 sqft). Basically, the square footage of the room is the total area or size of the space.

How much is labor to install floor joists and subfloor? ›

Labor. The labor fees to install subflooring are usually between $25 and $30 per hour, but may vary based on your location and whether the job is straightforward or complex. Additional work—like removing existing flooring and subflooring, hauling old materials, or preparing a surface—costs extra.

How much does it cost to tile 1000 square feet? ›

Cost per Sq. Ft. to Install Tile Flooring
Floor SizeRoom DimensionsAverage Cost Range (Labor and Material)
144 sq.ft.12' x 12'$1,296 - $30,815
200 sq.ft.10' x 20'$1,800 - $42,800
500 sq.ft.20' x 25'$4,500 - $107,000
1,000 sq.ft.20' x 50'$9,000 - $214,000
2 more rows

Top Articles
Latest Posts
Article information

Author: Barbera Armstrong

Last Updated:

Views: 5877

Rating: 4.9 / 5 (79 voted)

Reviews: 86% of readers found this page helpful

Author information

Name: Barbera Armstrong

Birthday: 1992-09-12

Address: Suite 993 99852 Daugherty Causeway, Ritchiehaven, VT 49630

Phone: +5026838435397

Job: National Engineer

Hobby: Listening to music, Board games, Photography, Ice skating, LARPing, Kite flying, Rugby

Introduction: My name is Barbera Armstrong, I am a lovely, delightful, cooperative, funny, enchanting, vivacious, tender person who loves writing and wants to share my knowledge and understanding with you.