What Is Price Per Square Foot?
Price per square foot is a property's price divided by its total livable square footage, used to compare properties of different sizes within the same market.
Most useful for: Repeat Buyer · Home Seller · Appraiser
Formula
Price Per Sq Ft = Sale Price ÷ Livable Square FootageWhy it matters
It should be weighed alongside condition, lot size, and location rather than used alone to judge value.
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This definition is provided for general educational purposes and is not financial, legal, tax, or real estate advice. Verify important decisions with appropriately qualified professionals.
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