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Updated over 6 years ago on . Most recent reply
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Rehab Costs in San Antonio?
Hey guys, I am looking at properties in San Antonio. Does anyone have any information that they can share, about what numbers to use to estimate rehab costs? Like average $/sqft for flooring, average a/c replacement, paint...etc. Just looking for some general rules of thumb for analyzing a deal in my area. Thanks in advance.
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If you want to get good numbers try this. Go to Home Depot. If you want flooring prices find the tile or laminate flooring or whatever you would put down. Take the cost, not just the flooring, but also the other stuff that goes with it, like for tile you would need thinset, grout, and maybe some sealer. Take the price for the flooring and all the extras that go with it. Lets say its $1000. Take another $1000 for labor and probably another $1000 for the contractor to make his money. I would say $3000 for that job.
That gives you a rough idea. If materials cost a certain amount, you will spend about that much for labor and profit for the contractor.