Rough estimate on a 1,500 square ft Reno

[Anthony Caleca]

Hey guys I know this might be a big tough, but I figured I would see if I can get a rough idea. There is a single family detached house in my neighborhood, which I know very well. 

I went to go see the house and it definitely needs to be completely gutted and renovated. It is a 1500 sq ft home with a unfinished basement.  It’s 4 bedrooms and 2 bathrooms. Here is a list of things that need to be done. 

- demo fully guy everything in the interior

- replace and update all the electrical and plumbing’s 

- add central air/HVAC system

- replace both front door and back door

- replace all windows about 12-15

- new flooring, new kitchen, 

- add recess lighting 

- new hot water heating system

I am expecting to try and get the house under contract at 450k, the ARV will be about 650-675k. I'm planning on buying the house as a primary residence I just want to get a "rough rough" expectation on the Reno cost