Price Per Square Foot Calculator
Divide any total price by area to get the cost per square foot. The standard metric for comparing real estate, flooring, renovation, and commercial lease costs across different sizes and locations.
Calculator
Price Per Sq Ft
$194.44
Price Per Sq Meter
$2092.98
How to Calculate Price Per Square Foot
The formula is simple: Price Per Sq Ft = Total Price ÷ Total Square Feet. This applies to home purchases, commercial leases, flooring projects, and renovation budgets.
For example, a $350,000 home with 1,800 sq ft costs $194.44 per square foot. This lets you compare it directly against a $500,000 home with 2,400 sq ft ($208.33/sq ft) to see which offers better value per unit of space.
Sample Price Comparisons
| Total Price | Square Feet | Price/Sq Ft |
|---|---|---|
| $250,000 | 1,200 | $208.33 |
| $350,000 | 1,800 | $194.44 |
| $500,000 | 2,400 | $208.33 |
| $750,000 | 3,200 | $234.38 |
Worked Example
You're comparing two condos:
- Condo A: $420,000 for 1,600 sq ft → $420,000 ÷ 1,600 = $262.50/sq ft
- Condo B: $385,000 for 1,400 sq ft → $385,000 ÷ 1,400 = $275.00/sq ft
Condo A is cheaper per square foot despite having a higher total price, because you get more space for your money.
Frequently Asked Questions
What is price per square foot?
Price per square foot is the total price of a property or space divided by its total area in square feet. It's the most common metric for comparing real estate values across different sizes and locations.
What is a good price per square foot?
It varies dramatically by location. In rural areas, $100-$150/sq ft is common. Suburban homes average $150-$250/sq ft. Urban areas can range from $300-$1,000+ per sq ft. Always compare within the same neighborhood for meaningful comparisons.
Does price per square foot include the garage?
Typically no. Most real estate listings use "livable square footage" which excludes garages, unfinished basements, and outdoor spaces. Always verify what's included in the listed square footage before comparing.
How do I use price per square foot for renovations?
For renovations, calculate the cost per square foot of the renovation area. Kitchen remodels average $150-$250/sq ft, bathrooms $200-$300/sq ft, and basic room additions $100-$200/sq ft depending on finishes and location.
Is price per square foot the only factor in home value?
No. Location, lot size, condition, age, school district, amenities, and market conditions all affect value. A smaller home in a prime location can cost more per square foot than a larger home in a less desirable area.
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