Home Replacement Cost Calculator
Rough dwelling reconstruction value for insurance conversations: living square footage times a rebuild grade in $/sq ft.
Your home
Living area (sq ft)iLiving area Finished above-grade living space used on many insurance worksheets. Garages and unfinished basements are often valued differently. | |
|---|---|
Rebuild gradeiRebuild grade Economy is basic finishes. Standard is typical subdivision quality. Custom reflects higher-end materials and labor intensity. | |
Your stateiYour state Scales national rebuild midpoints. Coastal, mountain, and tight labor markets can sit well above state averages. |
How to use this calculator
- Enter finished living square footage.
- Choose economy, standard, or custom rebuild grade.
- Select your state.
- Compare the band to your dwelling Coverage A limit — not market sale price.
Results explained
Replacement cost is rebuild economics, not what a buyer would pay for the lot and location. Living sq ft × grade $/sq ft × state multiplier is a conversation starter with your agent, not a certified estimate.
Quick reference: rebuild $/sq ft
U.S.-average dwelling reconstruction midpoints before state adjustment.
| Grade | Midpoint |
|---|---|
| Economy rebuild | $150/sq ft |
| Standard rebuild | $200/sq ft |
| Custom rebuild | $280/sq ft |
Ordinance & law, extended replacement, and personal property are separate coverages.
How the estimate is built
RCV sketch ≈ living sq ft × rebuild grade $/sq ft × state multiplier.
Example scenario
A 2,000 sq ft standard rebuild is about $400,000 at U.S. average before local labor spikes or demolition.
FAQ
Is this the same as market value?
No. Market value includes land and demand. Replacement cost is what it might take to rebuild the structure.
Should the garage be included?
Often insurers value attached garages and outbuildings on separate lines. This tool focuses on living area.
Why is my Coverage A different?
Carriers use proprietary estimators, inflation guards, and local cost databases. Bring this sketch to a review appointment rather than changing limits alone.