Property Valuation Calculator

Work out property valuation instantly with clear inputs, formula shown and shareable results.

About Property Valuation Calculator

The land and building method values the two components separately: land at the prevailing rate for comparable plots, and the structure at its depreciated replacement cost per square foot. Adding them gives the indicated value, and dividing by built-up area gives the headline rate a buyer will compare against listings.

Formula

Land and building method

Value = land area x land rate + built-up area x depreciated construction rate

Worked example

With the default values below, Property Valuation Calculator returns Indicated property value of $11,640,000.00. Change any input above and every figure here is recalculated in your browser.

Inputs used

Land areaminimum 0 ft²: 2,400 ft²
Land rateminimum 0 per ft²: 3,500 per ft²
Built-up areaminimum 0 ft²: 1,800 ft²
Depreciated construction rateminimum 0 per ft²: 1,800 per ft²

Results

Indicated property value: $11,640,000.00
Land value: $8,400,000.00
Building value: $3,240,000.00
Value per built-up square foot: $6,466.67

Step by step

1Values used
2Land and building method
3Indicated property value= 11,640,000.00
4Land value= 8,400,000.00
5Building value= 3,240,000.00
6Value per built-up square foot= 6,466.67

Assumptions and limits

The result is derived only from the 4 inputs listed above. Anything not among them is not part of the calculation.
In particular, this calculator does not take inflation, tax, fees or charges or compounding frequency into account.
Figures are rounded for display to 2 decimal places, so totals built from several rounded parts can differ slightly from the unrounded arithmetic.

How these calculators are built and tested is described on the Methodology page. If a figure looks wrong, please report it.

Frequently Asked Questions

How is the Property Valuation figure worked out?

Value = land area x land rate + built-up area x depreciated construction rate. The land and building method values the two components separately: land at the prevailing rate for comparable plots, and the structure at its depreciated replacement cost per square foot.

Why value land and building separately?

They behave differently over time: land generally appreciates while the structure depreciates. Separating them also matters for insurance, which covers only the building, and for tax depreciation.

What values do I need to enter?

This calculator takes 4 inputs: Land area, Land rate, Built-up area, Depreciated construction rate. The pre-filled defaults are a realistic worked example — replace them with your own site or project figures.