Definitions for

**"SQUARE FOOT METHOD"**A method for finding the reproduction costs of a building in which the cost per square foot of a recently built comparable structure is multiplied by the number of square feet in the subject property.

The appraisal method of estimating building costs by multiplying the number of square feet in the improvements being appraised by the cost per square foot for recently constructed similar improvement.

In appraisal, a method of estimating the replacement cost of a structure, it involves multiplying the cost per square foot of a recently built comparable structure by the number of square feet in the subject structure.