Price Per M2 Formula:
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Price Per m² is a standard metric used in construction and real estate to compare costs across projects of different sizes. It represents the cost per square meter of construction or property.
The calculator uses the simple formula:
Where:
Explanation: Dividing the total price by the area gives you a standardized cost metric that can be used for comparison across different project sizes.
Details: Calculating price per m² helps in budgeting, cost estimation, and comparing different construction projects or property values on an equal basis.
Tips: Enter the total project price in USD and the total area in square meters. Both values must be positive numbers.
Q1: Why calculate price per m²?
A: It allows for fair comparison between projects of different sizes and helps identify cost efficiencies.
Q2: What's a typical price per m² for construction?
A: This varies greatly by location, materials, and project type, ranging from $800 to $5000+ per m² in different markets.
Q3: Should I include land cost in this calculation?
A: Typically no - this is usually calculated for construction costs only. Land cost per m² would be a separate calculation.
Q4: How accurate is this metric?
A: While useful for comparisons, it doesn't account for variations in design complexity, site conditions, or premium features.
Q5: Can I use this for renovation projects?
A: Yes, the same calculation applies to renovation costs per square meter.