Real Estate Appraisal Calculator
Estimate property value using the sales comparison approach with comparable sales, price per square foot, and condition adjustments.
Inputs
Results
Estimated Value
$375,051.00
≈ 9 Teslas
How to Use This Calculator
- Enter your Subject Property Sq Ft — the gross living area from county records or a floor plan.
- Input Sale Price and Sq Ft for three recent comparable sales (comps) within the past 6–12 months.
- Set Condition Adjustment % — positive if subject is in better condition than comps, negative if worse.
- Review Estimated Value — the average price per SF from comps, adjusted for condition and size.
- Check Avg $/Sq Ft to understand your market's value density.
- Use this estimate to prepare for formal appraisals, listing pricing, or purchase offer decisions.
How the result changes with Subject Property Sq Ft
| Subject Property Sq Ft | Estimated Value |
|---|---|
| 5,090 | $954,504.00 |
| 17,565 | $3,293,884.00 |
| 32,535 | $6,101,140.00 |
| 45,010 | $8,440,520.00 |
What each input means
- Subject Property Sq Ft
- Living area of the subject property.
- Comp 1 Sale Price
- Recent sale price of comparable 1.
- Comp 1 Sq Ft
- Square footage of comparable 1.
- Condition Adjustment
- Positive for superior condition, negative for inferior.
How this is calculated
Worked example, using the default values
- Identify Input Parameters4 parametersSubject Property Sq Ft = 2000, Comp 1 Sale Price = 350000, Comp 1 Sq Ft = 1800, Comp 2 Sale Price = 380000 = 8 input(s) provided
- Calculate Estimated ValueEstimated Value = baseValue * (1 + conditionAdj / 100)375051 = $375,051
- Calculate Avg $/Sq FtAvg $/Sq Ft = (comp1Ppsf + comp2Ppsf + comp3Ppsf) / 3187.53 = $187.53
- Calculate Median $/Sq Ft187.18 = $187.18
Engine last updated . Checked against 3 independently-derived tests — how we verify calculators.
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