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Updated almost 6 years ago, 01/08/2019
Estimating Rehab Costs
Just purchased a single family home as an investment property in Chicago. I was hoping to rehab the kitchen and bathroom for 15-17k.
The kitchen needs new cabinets paint and time floor. The bathroom is a total gut, but is very small.
I’m getting estimates from contractors closer to 20k. This seems like a lot for just these two rooms. I’m not doing anything soecial besides granite countertops. Is this the going rate? Am I expecting too much for my money?