Building a Rehab Cost Database

[Morgan Leiviska]

Hi everyone! I am wondering if anyone local to Tacoma, Seattle area would be willing to share receipts or cost information from contractors, and projects. I am trying to build a database of local rehab costs. The more detail the better.  Any information you are willing to share about past projects from addresses, scope of work, estimates, line item breakdowns, materials costs etc.  I would be so grateful. If anyone needs a boots on the ground inspector to do walkthroughs or gather info for a property you don't have time to check out or if you're out of state. Reach out! I'm happy to go walk the property and take photos and provide a simple report of the information you want to help you make a decision.

[Alan F.]

Quote from @Morgan Leiviska:

Hi everyone! I am wondering if anyone local to Tacoma, Seattle area would be willing to share receipts or cost information from contractors, and projects. I am trying to build a database of local rehab costs. The more detail the better.  Any information you are willing to share about past projects from addresses, scope of work, estimates, line item breakdowns, materials costs etc.  I would be so grateful. If anyone needs a boots on the ground inspector to do walkthroughs or gather info for a property you don't have time to check out or if you're out of state. Reach out! I'm happy to go walk the property and take photos and provide a simple report of the information you want to help you make a decision.

 Many people have asked & proposed to build such a data base. Estimating is both art & science and FWIW most professional estimators rarely get it spot on, usually operating within a Delta.

There's tons of estimating books, software etc. RS Means, accubid, procore etc.

Labor units are pretty much a constant, materials are constantly in flux. If you're a contractor or doing the work yourself this may help.  If you're using contractors then only their bids will be useful. 

Hopefully your post gets some local eyes on it and you get the numbers you seek. IMO its important to have plenty of reserves, it's not if something goes sideways, it's when it goes sideways.