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Updated over 1 year ago on . Most recent reply

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Carlos Montoliu
  • Rental Property Investor
  • Dallas, TX
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Rehab costs in Dallas Area

Carlos Montoliu
  • Rental Property Investor
  • Dallas, TX
Posted

I would like to get info on sites to get data on typical rehab costs in the Dallas Area. How much is a bathroom, kitchen, paint a house...etc. Just to have starting point to make analysis and calculations for deals. Thanks

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86
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Vernon Watts
  • New to Real Estate
  • Dallas, TX
19
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86
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Vernon Watts
  • New to Real Estate
  • Dallas, TX
Replied

Hi Carlos

  The information that Alex and Hayden shared is on point , you should keep what they stated and use it to your advantage.  I always start my rehabbing estimations with the square footage in need of repairing in a particular area. For an example; in most South Dallas neighborhoods, the rehab cost is generally between $45 and $55 per square foot.  In North Dallas its between  $65 and $75 per square foot. Than you add some upgrades (at costumers request)to your cost of square footage. For me, that a great starting rehab estimation. I hope this and the other comments will help you fill comfortable with your rehab starting  point.

  Happy Holidays, Vernon

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