Price Per Square Foot Calculator

How it is calculated

Two inputs are needed: the total price and the area in square feet. The price per square foot is price / area. The price per square metre divides by the same area converted to square metres, price / (area × 0.09290304), because 1 ft² is 0.09290304 m². So both figures describe the same property in two units, and the metric one is always about 10.76 times the other. Price must not be negative and the area must be greater than zero, otherwise there is no result. Amounts are shown in dollars. The tool uses exactly the area you give, so whether it is gross, net or living area depends on what you enter, and it does not adjust for land, parking or location.

Common mistakes

• Entering the area in square metres. The area field is in square feet, so a 120 m² flat typed as 120 gives a price per square foot more than ten times too high. Multiply m² by 10.764 first.
• Comparing a figure based on gross area with one based on net or carpet area. Builders, listings and appraisers measure differently, so check which area both numbers use.
• Dividing the price of a plot with a house on it as if all of it were the floor area. Land and building are different areas, so enter the one you want the rate for.
• Treating the cheapest rate per unit as the best deal. Condition, floor, view, neighbourhood and parking can account for a large part of a difference.
• Typing the price with a currency symbol or a thousands separator, such as $450,000. The tool returns nothing for that; use plain digits.