REHAB COST for different types of work:

[Jenny Ou]

Hello BiggerPockets Friends!

I'm currently looking at a few potential single-family fixer-uppers (some in Worcester, Taunton, and near Dorchester), and I could really use some expert advice on current rehab costs for different scopes of work.

Here are some numbers I've gathered from my contractor friends. Please feel free to give feedback on my cost-per-square-foot range:

Cosmetic fix: basic carpet, paint, flooring, new hardware, clean up, repair a few things project. Usually no permits or consultants needed $25-$45 per sq ft

Lit Rehab: includes cosmetic scope, plus updating Kitchens and baths, maybe new mill work and doors, perhaps some updating of HVAC systems or MEPS issues. Likely will not require permits or consultants $45-$65 per sq ft

Full Rehab: This includes all of the above, and new systems, new roofs, windows, some siding, non structural or minor structural reframing, finish basements, convert garages. May require permtis and consultants depending on the scope $70-$100 per sq ft

Studs out/Addition: This involves taking the existing house down to the framing. Strip everything and replace. All new MEPS, insulation, windows, roofs, siding, flooring, sheetrock, tile, cabinets, doors, etc. Likely will require permits and/or consultants $125-$150 per sq ft

New Construction/Development: This includes all hard and soft costs. Everything from Feasibility work through to the final clean. Inspections and Honey Buckets to Architects and Engineers, to door bells and mail boxes. Will require permits and consultants. $325-$350 per sq ft

Thank you!