• TP is the total price ($) • SF is the total square footage of area (ft^2) ## How to Calculate Square Foot Price? The following example problems outline how to calculate Square Foot Price. Example Problem #1: 1. First, determine the total price ($).
1. The total price ($) is given as: 100,000. 2. Next, determine the total square footage of area (ft^2). 1. The total square footage of area (ft^2) is provided as: 200. 3. Finally, calculate the Square Foot Price using the equation above: SFP = TP / SF The values given above are inserted into the equation below: SFP = 100,000 / 200 = 50.00 ($/ft^2)

Example Problem #2:

For this problem, the variables needed are provided below:

total price (\$) = 500,000

total square footage of area (ft^2) = 1,500

This example problem is a test of your knowledge on the subject. Use the calculator above to check your answer.

SFP = TP / SF = ?