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Updated over 4 years ago,
Cost of tearing down a couple walls?
Hello! I am under contract on an over/under duplex- the downstairs is 4 bedrooms with only 1 (large) bathroom and smaller kitchen area. You can tell it was a SFH turned duplex, and it is very nicely maintained with great potential for cash flow... only issue is the downstairs unit has no true "sitting area" or "living room." We did the math with having the downstairs become a 3 bedroom and it still cash flowed nicely, which is why we offered on it. (We also think it makes more sense having it be a 3/1 since there is only 1 bathroom).
My question is to people who have done rehabs/demos.... what is the average cost of tearing down non-load bearing walls? We want to take down two walls to essentially lose a bedroom and open up the kitchen to have a more open concept kitchen/living room.
I have never had work like that done before and am seeing a wide range of prices when doing research (which I know it can vary widely depending on a lot of factors). I just wanted some real world examples and costs! Thank you!!