Home Affordability Calculator
How much house you can afford.
Open →Divide price by floor area to compare homes on a level footing.
| Price | — |
|---|---|
| Square footage | — |
| Per sq meter | — |
| — |
Price per square foot divides a property’s price by its floor area, giving a single figure that lets you compare homes of different sizes on a level footing. Divide the price by the square footage and you have it. It’s the quickest way to gauge whether a listing is priced in line with comparable homes in the area.
It’s a useful yardstick but not the whole story — condition, lot size, location, upgrades and layout all move value beyond raw square footage. Compare like with like within the same neighbourhood.
price per sq ft = price ÷ square footage
Divide the price by the square footage. A $350,000 home of 2,000 sq ft is $175 per square foot.
It compares homes of different sizes fairly and flags whether a listing is priced with the local market.
Location, condition, lot size, upgrades and layout — all of which affect value beyond floor area, so use it alongside other comparisons.
How much house you can afford.
Open →How much rent you can afford.
Open →Estimate closing costs.
Open →Down payment & loan.
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