Value per Net Square Meter or Net Square Foot
Value per one unit area of residential floors for sale can generate.
This value is used only for residential floors for sale like condos. It is used to compare between different types of residential floors for sale without the influence from the total amount of floor areas of each type.
Assumptions: No time factor is taken into account, the total value is assumed to be calculated all together at the time when construction is completed.
How this is calculated
Formula to get Value per Net sq m or NSF:
Value per Net sq m or NSF
=
Total Value for Residential for Sale
÷
Formula to get Total Value for Residential for Sale:
Total Value for Residential for Sale
=
(Sale Price / Net sq m or NSF x Total Net sq m or NSF) [for unit type a]
+
(Sale Price / Net sq m or NSF x Total Net sq m or NSF) [for unit type b]
+
…
+
(Sale Price / Net sq m or NSF x Total Net sq m or NSF) [for unit type z]
Applied to multiple places in the financial model for example:
All buildings - All Parcels
Per residential for sale use type - Parcel 1