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Updated about 10 years ago on . Most recent reply

Kevin Hockaday's profile image
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Kevin Hockaday
  • from Raleigh, North Carolina
  • Member since Aug 22, 2014
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  • from Raleigh, North Carolina
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Kevin Hockaday
  • Raleigh, NC
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Starting Out

repairs on a vacant home

Kevin Hockaday
  • Raleigh, NC
Posted

Hello BP fam, 

I have been eying a property not far from an area that is experiencing a lot of re-vitalization.  Its has a code violation notice on the boarded up door.  the notice says unfit for human habitat.  I'm willing to bet it would be a full gutted rehab.  is there a general estamate of a full gut renovation on a 1 story home with 994 sq ft??

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J Scott
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  • from Sarasota, FL
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J Scott
  • Investor
  • Sarasota, FL
ModeratorReplied

Probably $30-130K...

Depending on:

- Location

- Level of finishes

- Specific contractors used

- Time of year

- Style of house

- Local permitting requirements

- Your negotiation skills

- How you manage the project

  • J Scott
  • Podcast Guest on Show #2024
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