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Updated almost 2 years ago,
Cost of Rehab Gutted to studs home in 2023
I have been searching and got a lot of articles and posts pre covid. Now its 2023 and pricing is higher than before what are people getting quoted for rehab. For side note, This home is in GA.. The Current owner is trying to do the reno himself and I think he is going over his head. Here are the details if it matters
PP - $200,000 going to offer way less
ARV - $400,000 this was hard. there isnt any home in the area that sold as its a high bedroom count
Size - 2000sq/ft
I got one quote already for $250k-$275k which includes new roof and siding and windows.
I'm trying to see if its worth it to use Hard Money and BRRR or Flip the property.. I just cant figure out how much construction costs will be.