Free Replacement Cost Calculator
Estimate the cost to rebuild a structure using local construction cost per square foot and additional site improvements.
sq ft
USD
USD
Total Replacement Cost
$410,000
Building Cost Only$385,000
Site Improvements Cost$25,000
Total Replacement Cost vs Building Square Footage
Replacement Cost Estimation
Replacement cost is the expense of constructing a functionally equivalent building using current materials and methods.
Formula
Replacement Cost = (Building Sq Ft x Cost Per Sq Ft) + Site Improvements
Included Costs
Example Calculation
Rebuilding a 2,200 sq ft home at $175/sq ft with $25,000 in site improvements.
- 01Building cost: 2,200 x $175 = $385,000
- 02Site improvements: $25,000
- 03Total replacement cost: $385,000 + $25,000 = $410,000