Price Per Square Foot

Purchase price divided by total square footage.

Example Result

Sample Data

$256.67

Based on a sample $385,000 property with $2,850/month rent, 20% down, 7% interest rate.

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Price Per Square Foot Formula

Purchase Price / Square Footage

$385,000 / 1,500.00

$256.67

What This Means

A sample property priced at $385,000 with $2,850/month rent has a price per square foot of $256.67. This is the universal size-adjusted price comparison metric. It helps you spot over- or under-priced properties relative to comparable sales in the same market and submarket.

Where This Value Comes From

Price Per Square Foot is not entered directly — it is calculated from Purchase Price and Square Footage. See the formula breakdown above and the detailed inputs below.

Calculated From

Price Per Square Foot is calculated using these inputs:

Purchase Price

The agreed-upon price to acquire the property.

Found on your purchase contract / hud-1

$385,000

Square Footage

The total livable square footage of the property.

Found on your county records

1,500.00

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Why It Matters

This is the universal size-adjusted price comparison metric. It helps you spot over- or under-priced properties relative to comparable sales in the same market and submarket.

Detailed Explanation

Price Per Square Foot normalizes the purchase price by property size. This metric is used across all real estate types to compare values regardless of the number of units or bedrooms.