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Updated almost 3 years ago,
need help figuring out construction costs
Hi All,
Pretty excited here, as after about a week, I may be able to lock down a property to wholesale. HOWEVER, I need some help figuring out the cost to repair it.
It is a lot that has a construction on it right now, but the building has to be COMPLETELY taken down, and a 2 family home to be rebuilt on it. But, I am having some trouble figuring out the way to calculate the cost to build something new over it. I think I have the valuation for the lot of land, but in NJ, sussex county, how much would it cost to build, approx, by sqft?
I stalled the seller a bit with some logistical questions as not to lose out on the contract, but, I would love to not lose out on this opportunity.
Thanks guys in advance!!!