Replacement Cost Calculator

Summary

This tool estimates how much it would cost to rebuild your home or replace an asset at today's construction prices. It combines square footage, local cost-per-square-foot benchmarks, and quality/feature adjustments to produce an estimated replacement cost — the figure most homeowners insurance policies use to set dwelling coverage limits. All calculations run entirely in your browser; no data is sent anywhere.

How it works

1. Enter the total finished square footage of your home.
2. Select or enter your local construction cost per square foot (regional presets are provided).
3. Choose your home's construction quality tier: Economy, Standard, or Premium.
4. Add any applicable feature adjustments: basement, garage, finished attic, or custom finishes.
5. Click Calculate to see your estimated replacement cost and suggested insurance coverage amount.

Use cases

• Determining the right dwelling coverage limit when buying or renewing homeowners insurance.
• Checking whether your current coverage amount keeps pace with rising construction costs.
• Estimating rebuild costs before meeting with an insurance agent.
• Comparing replacement cost vs. market value when evaluating a policy.
• Planning for a home renovation and understanding how it changes your insurable value.
• Teaching new homeowners the difference between replacement cost and actual cash value.

Frequently Asked Questions