General Landlording & Rental Properties
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated over 2 years ago,
Is $12K a reasonable estimate for this new bathroom?
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.