Get your calculators out!
Let’s say your home is 2,000 square feet and you want to sell it for $1,000,000.
To figure out your home’s price per square foot at that selling price is easy.
Plug into the calculator 1,000,000 (the asking price of the home) and divide it by 2,000 (the square footage of the home).
That equation equals 500 ($500 per square foot for the home).
Therefore, if your 2,000 square foot home sells at $1,000,000, the price per square foot for your home is $500.