Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Contractors
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 9 years ago,

User Stats

833
Posts
499
Votes
Andrew Davis
  • Investor
  • Asheville, NC
499
Votes |
833
Posts

House Hacking... and does this bid seem high to anyone?

Andrew Davis
  • Investor
  • Asheville, NC
Posted

Hey BP Community,

My wife and I purchased a home in March, and part of the reason we liked it was that it was zoned for Multi-Family.  The garage is a nice size for a studio apartment, and there is plenty of demand for those in the area.

I just received this bid back from the contractor, and wanted to know what y'all's thoughts were on it.

The space is roughly 300 sq ft.  It already has drywall on 2 walls, and the only interior framing we're doing is for the bathroom, the closet and the laundry area.  

My biggest surprises were:

The $7800 for framing and drywall.  I calculated the material costs to be around $2000 for that portion, so $7800 seemed like a lot, especially for such a small space.

$6200 for framing in a garage, installing and painting about 84 sq ft of siding and trim.

$2000 for 300 sq ft of flooring?  That's $6.65 a sq ft for tile.

$2400 for a ductless mini split system?  I've found decent ones at HD for $1200, so $1200 to install?

The rest seemed fairly reasonable to me.  

Here's the floor plan:

Loading replies...