Price per Square Foot | Calculator
Price per Square Foot (PSF):
The price per square foot is a measure of a home’s value based on its living space. It represents the cost per square foot of a house, taking into account factors like location, size, and amenities.
For example, if a 2,000 sqft home sells for $500,000, the PSF would be:
$500,000 ÷ 2,000 sqft = $250 PSF
PSF is often used as a benchmark to determine a home’s affordability and potential resale value. A lower PSF can indicate better value for money, while a higher PSF may suggest that the home is overpriced.
Typical PSF ranges:
Luxury homes: $300-$500+ PSF
Mid-range homes: $150-$300 PSF
Budget-friendly homes: $100-$200 PSF