Cost of house raising

[Felix Wisniewski]

Hey Bigger Pockets,

I just contracted a deal at 77k and the ARV is 204k, the house is small 1,200 square feet and needs to be raised 6 feet due to hurricane sandy. Anyone have an idea of how much a raising would cost? 1,200 sqft house and needs to go up 6 feet. Any response would help.

[John Moore]

Many people in NJ have applied and received Grant money to accomplish raising  roperties.  A close friend had one raised and the cost was $45,000. it was their residence and they did receive grant money.  There is a lot to jacking up a house and there a lot available due to the cost involved.  From what I understand the House Raisers are busy and not to available.  I would check on the Grant money opportunity and see if it is still available.  If you have the funds and the time I'm sure you will find lots of opportunities due to Sandy and some may not have to be elevated.  Good luck.