Price Per Sqft
Free Price Per Sqft Calculator — compute cost per square foot for any property. Compare purchase or rental values across homes of different sizes with charts and breakdowns.
About This Calculator
The Price Per Sqft Calculator helps home buyers, real estate investors, and renters compare property values by computing the cost per square foot of livable space. Whether you are evaluating a purchase price or monthly rent, this metric provides a standardized way to compare properties of different sizes across any market.
The formula is straightforward: Price per Square Foot = Total Price / Total Area (sq ft). For rental properties, simply substitute the monthly rent for the total price to get rent per square foot. This calculator supports both purchase price and rent modes, and allows you to compare up to two properties side by side to identify which offers better value.
Regional Notes
India: Property prices are typically quoted in rupees per square foot. In major cities like Mumbai, Delhi, and Bangalore, prices can range from ₹5,000 to ₹30,000+ per sqft depending on the neighborhood. Always verify the super built-up area vs. carpet area, as Indian developers often quote prices on the larger super built-up area including common spaces.
United States: Home prices are quoted as total sale price, with price per square foot as a secondary metric. The national average hovers around $150 to $200 per sqft, but varies widely by region — from $100 in the Midwest to $500+ in San Francisco or Manhattan. The figure typically includes only finished, livable square footage (basements and garages are often excluded).
United Kingdom: Property is typically priced as a total figure, with price per square foot used mainly in London and the South East. Average prices range from £250 to £500 per sqft for most areas, exceeding £1,000 in prime Central London locations. UK measurements use square feet for older properties and square meters for newer builds.
Frequently Asked Questions
How do I calculate price per square foot?
To calculate price per square foot, divide the total property price (or monthly rent) by the total square footage of livable space. For example, a ₹50,00,000 home with 1,000 sq ft has a price per square foot of ₹5,000.
What is the difference between price per sqft and rent per sqft?
Price per square foot uses the purchase price of a property divided by its area, helping buyers compare home values. Rent per square foot uses the monthly rental amount divided by area, helping tenants compare rental costs. Both follow the same formula but serve different purposes.
How do I use price per sqft to compare properties?
Calculate the price per square foot for each property by dividing its price by its area. The property with the lower price per square foot offers better value for money per unit of space, regardless of total price. This metric helps normalize comparisons across differently sized properties.
What is a good price per square foot?
A good price per square foot varies by location, property type, and market conditions. In India, it ranges from ₹3,000 to ₹15,000 per sqft depending on city and neighborhood. In the US, the national average is around $150 to $200 per sqft. In the UK, it ranges from £250 to £500 per sqft in most areas and significantly higher in London.
Does a larger property always have a lower price per sqft?
Generally yes, larger properties tend to have a lower price per square foot because fixed costs like land and permits are spread over more area. However, luxury features, prime locations, and unique designs can increase the per-sqft cost regardless of size.
How can I estimate property value from price per sqft?
To estimate property value, multiply the average price per square foot in your area by the propertys total square footage. For example, if the area average is $200 per sqft and the property is 1,500 sqft, the estimated value is $300,000. Adjust for condition, upgrades, and location.
Is price per sqft a reliable metric for property valuation?
Price per square foot is a useful starting point but should not be the only metric. Factors like location, property condition, floor plan efficiency, lot size, amenities, and market trends also significantly impact property value. Use it alongside comparable sales and professional appraisals.