Property Valuation Calculator
Estimate a property's market value from a per-unit-area rate (per ft² or m²) and the built-up area, in NPR, INR, or PKR.
How this works
We use the standard market valuation multiplier:
value = ratePerUnitArea × area
where ratePerUnitArea is in currency / ft² (or / m²)
area is in the same unit (ft² or m²)The alternate-unit rate is derived by simple dimensional conversion: 1 m² = 10.7639 ft², so a per-ft² rate scales up by 10.7639 to become a per-m² rate (and vice versa).
Worked example
Apartment with 1,200 ft² built-up area in a locality where flats trade around NPR 12,000 per ft²:
- Estimated value =
1,200 × 12,000= NPR 1,44,00,000 - Per m² rate =
12,000 × 10.7639≈ NPR 1,29,167 / m²
Cross-check the headline number against three to five recent comparable transactions in the same locality before treating it as the asking price.
Sources
- Standard residential valuation rule (rate × built-up area)
FAQ
How is property value calculated from a per-unit-area rate?
We multiply the local market rate per unit of built-up area by the property's built-up area. For example, a flat with 1,200 ft² of built-up area in a locality where flats trade around NPR 12,000 per ft² yields an estimated value of 1,200 × 12,000 = NPR 1,44,00,000. The formula is value = ratePerUnitArea × area, with both sides expressed in the same unit (per ft² with area in ft², or per m² with area in m²).
Should I use built-up area, carpet area, or super built-up area?
Use whichever area definition the rate quote is based on. Listings and brokers in Nepal and India usually quote per ft² of super built-up area, while bank valuers often use carpet area. Mixing definitions is the most common source of error — a 20 percent gap between super built-up and carpet area is typical, so using the wrong one can shift the estimate by tens of lakhs.
What is a realistic per-ft² rate for residential property in Kathmandu?
As a rough guide, residential apartments in central Kathmandu trade between NPR 9,000 and NPR 18,000 per ft² of super built-up area, and standalone houses on serviced plots inside the Ring Road can range from NPR 12,000 to NPR 25,000 per ft². Rates depend heavily on locality, road width, and floor count — always cross-check against three to five recent comparable transactions.
Why do my Aana / Ropani figures not appear here?
This calculator values built-up area, not land area. Land plots in Nepal are usually priced per Aana, per Ropani, or per Dhur — and those figures are best computed with a Plot Area Conversion calculator that converts between local land units and m²/ft². Use this calculator for the building, and a separate land valuation for the plot.
Does changing the currency convert the rate to a different country's market?
No. The currency selector is a labelling change only — the numeric rate and area you enter are not converted. To value a property in a different country, enter the rate quoted by a local broker in that country's currency and select the matching currency code. This calculator never performs FX conversion.
Should I add stamp duty, registration fees, and brokerage to this estimate?
This calculator returns the asset value only — the round-figure market price. Transaction costs (stamp duty, registration, brokerage, GST on under-construction units, capital gains tax on resale) are calculated separately and typically add 4 to 8 percent to the headline value. Use the Stamp Duty and Capital Gains calculators to layer those on top.