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Updated over 2 years ago on . Most recent reply

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Lisa Barnes
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Is $12K a reasonable estimate for this new bathroom?

Lisa Barnes
Posted

I'm in Columbus Ohio and I'm looking at a SF which will need some work that I need a budget for.  I'm thinking $12K as an estimate but very unsure because this will only be my second investment property, and no contractor is going to walk the property with me when I don't even own it yet.   Do you think $12K's a decent estimate for this:

1.  The bath will need complete demo and new framing, fixtures, door, lighting and new LVP flooring -- see diagram.  Beneath the existing bath is unfinished basement.

2.  Just a refresh in the kitchen -- tear out the old ceramic 12" tile floor and replace with the same LVP as the bath.  Paint the existing cabinets white, new pulls, and new ceiling fan.

The house was built in 1996 and in good mechanical condition.  I want it as a B+ rental.  I plan to hire all the work done and will have it permitted. 

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Bruce Woodruff
#1 Real Estate Agent Contributor
  • Contractor/Investor/Consultant
  • West Valley Phoenix
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Bruce Woodruff
#1 Real Estate Agent Contributor
  • Contractor/Investor/Consultant
  • West Valley Phoenix
Replied

Sounds a little low to me.....but could be close if you stick to basic finishes and don't get too fancy.....

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