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Updated 10 months ago on . Most recent reply
![Justin Goodin's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1147224/1704153801-avatar-justing170.jpg?twic=v1/output=image/crop=231x231@175x29/cover=128x128&v=2)
I spent $33,836 renovating this apartment unit.
I spent $33,836 renovating this unit.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/uploaded_images/1706181841-image.png?twic=v1/output=image/quality=55/contain=800x800)
![](https://bpimg.biggerpockets.com/no_overlay/uploads/uploaded_images/1706181866-image.png?twic=v1/output=image/quality=55/contain=800x800)
![](https://bpimg.biggerpockets.com/no_overlay/uploads/uploaded_images/1706181902-image.png?twic=v1/output=image/quality=55/contain=800x800)
Here's the breakdown:
-Quartz Countertops: $3,500
-Heat Pump System: $5,500
-SS Appliances: $1,773
-LVP 20 MIL Flooring: $4,406
-White Shaker Cabinets: $4,000
-Washer & Dyer: $400
-Bathroom accessories, ceiling fans, black matte fixtures, toilets, light fixtures, faucets, etc. : $2,347
-Paint, all new doors, plumbing fixtures, drywall work, garbage disposal, carpet, bathtub: $3,934
-Labor: $7,976
The previous owner did not do any updates to this unit for the last 25 years!
My goal here was to replace all major components and renovate to a premium level finish in order to charge market rent.
By installing high quality finishes, I am setting this property up to be a low maintenance long term hold 📈
What kind of renovation costs are you currently spending on your properties?