Skip to content
×
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
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
Land & New Construction
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 7 years ago on . Most recent reply

User Stats

17
Posts
10
Votes
Tasia Turner
  • Flipper/Rehabber
  • Justin, TX
10
Votes |
17
Posts

Adding square footage to an existing home - fix and flip

Tasia Turner
  • Flipper/Rehabber
  • Justin, TX
Posted

I am looking at a possible property to purchase and adding about 400-500 sf of extra living space (den/family room) would really increase the comps for this particular home. I am trying to figure out a ballpark number for adding on an extension. Does anyone have a good tool for evaluating this? Or a good cost/sf to use as a basis? I am located in Northern California and the house is in a rural area in El Dorado county. Thanks in advance. I look forward to hearing everyone's  thoughts on this :-)

Most Popular Reply

User Stats

23
Posts
12
Votes
Alon L.
  • Los Angeles, CA
12
Votes |
23
Posts
Alon L.
  • Los Angeles, CA
Replied
It depends on labor costs and availability of the various trades in your area, but in LA, retail price to hire a general contractor to do that project would probably be about $250/sqft for the new structure and $100/sqft to remodel the existing structure (down to the studs), plus finishes, fixtures, landscaping and hardscaping.

Loading replies...