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Updated almost 3 years ago,
Philadelphia rowhome rehab costs
Hi BP, I just finished and sold a rowhome flip in Philly and it was quite successful. I did all the work myself and it was by no means a full gut, but regardless I definitely got a great sense for material costs for home renovations in the area. I am however, starting to shift my focus to doing less work myself and bringing in more contractors. I just looked at a West Philly rowhome that isn't a full gut, but needs a lot. The property is two stories with a basement and close to 1300 sqft with a tiny backyard and a big front porch. I would love some feedback on ballpark pricing for the work that needs doing. I've listed the level of work in a nutshell below. Maybe understanding GC pricing vs. subs would be helpful too. I will be doing pretty nice finishes, but nothing to break the bank. For example, $4-5/sqft hardwood floors rather than laminate; Quartz countertops rather than formica; Nice looking in trend fixtures from wayfair rather than homedepot builder grade; etc. I don't plan on opening up walls and reconfiguring electrical, but hvac might be needed and reconfiguring of electrical might need to happen in the basement.
-All new hardwood floors upstairs and down
-Gut one bathroom and add a second
-New tile in bathrooms and kitchen + backsplash
-Exterior work including sanding and painting
-Walls hopefully don't need a gut, but they do have a weird texture and I'm hoping to do some skimcoating
-All new interior and exterior doors and hardware
-New kitchen ($3,000 worth of ikea cabinets)
-All new light fixtures and appliances
-Finished basement (this is the biggest ? for me) I'm guessing all sorts of wiring needs to be reconfigured to run through joists so drywall can go on the ceiling. Maybe basic tile flooring down here
-Some minor structural work to a few basement joists due to rot causing a slope in the floor at the back of the house. Could need some new subfloor in areas too.
-obviously all the demo involved tearing out old tile, carpet and moving out all the crap in the basement
-possibly update hvac (currently has radiators)
-Painting and trimwork
-Windows are actually ok, don't need new ones
-building a fence for privacy in the back yard
Sorry if this is a lot, but I know some of ya'll would rather have more detail than not enough. Any help on ballpark info for this level rehab would be great!