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Updated about 3 years ago on . Most recent reply

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82
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Paul Meyer
  • Contractor
  • Virginia Beach, VA
35
Votes |
82
Posts

Do you cut costs by just hanging 1/4" drywall over old (no demo)?

Paul Meyer
  • Contractor
  • Virginia Beach, VA
Posted

First, what I'm exactly saying is only cutting out lines across walls for all new rough-in electrical/plumbing/hvac/any mold damage AND THEN just hanging new 1/4" right on top to create a fresh new looking house. From my experience trying to make something old and abused look pretty again just takes as much time & money to just hang new. This keeps me from paying for 1-2 dumpsters plus all the extra work pulling it out, cleaning it out, getting out nails. I did this on my last flip only on the ceilings because ALL the great insulation sat on top and if I took it out it would have been a f+@*$%&$ mess and $$$ for new insulation.

I'm about to start my 3rd flip, another horrible ugly house, and I like to just gut everything and start new but I like to save $$$ and cut corners where I can to keep more profits. 

The electrician is going to put in new boxes so extra drywall doesn't matter and I'm installing all new windows/doors so that doesn't matter either. Probably no insulation behind current walls...So I'd make everything tight and caulked. 

Anyone ever do this or just spend more money to totally gut. I know if I start pulling out the drywall I'm going to find extra work. 


This is just a 770sqft 1 story 1/1 converting to 2/2. Midwest in IL. Rough neighborhood. Total ARV only like $89-109k which is peanuts compared to east coast. I am doing 60% of the work pay myself out of this one because ARV is so low. This would go for $169k in VA.

Most Popular Reply

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10,252
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16,112
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Steve Vaughan#1 Personal Finance Contributor
  • Rental Property Investor
  • East Wenatchee, WA
16,112
Votes |
10,252
Posts
Steve Vaughan#1 Personal Finance Contributor
  • Rental Property Investor
  • East Wenatchee, WA
Replied

I've always just patched and textured and kept as a rental.  Don't see why less wouldnt be better as a simple flip. 

Adding the drywall layer will make all your doors and doorways a pain even if you're replacing every window. Not to mention every receptical, phone, cable box, switch, etc. 
A lot of people like the historical charm. Keep it simple👍  

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