Home Insurance Replacement Cost Estimator

Replacement cost = sq ft × $/ft² for your construction class. (Different from market value!)

Inputs

Result

Replacement cost
$375,000
2000 ft² × $175/ft² + $25,000 extras.
  • Sq ft2,000
  • Rate$175/ft²
  • Dwelling cost$350,000
  • Extras$25,000
  • Total$375,000

Step-by-step

  1. Dwelling = 2000 × $175 = $350,000.
  2. Total = 350,000 + 25,000 = $375,000.

How to use this calculator

  • Enter living-area square footage (not lot size).
  • Pick construction tier matching finishes and quality.
  • Add detached structures, landscaping, and other site improvements.

About this calculator

Home insurance "Coverage A" should equal replacement cost — what it would cost to rebuild from scratch — NOT market value. Market value includes land (which doesn't need replacing); rebuild cost is just the structure. In hot real-estate markets, market value can far exceed replacement; in declining markets the opposite.

Frequently asked

They're different. Replacement = construction cost only. Market = what someone pays for house + land. Insure for replacement, not market.

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