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Updated almost 10 years ago on . Most recent reply

Account Closed
  • Investor
  • Charlotte, NC
44
Votes |
159
Posts

Rehab Estimates

Account Closed
  • Investor
  • Charlotte, NC
Posted

Was wondering if anyone in Connecticut has any general but reliable numbers to use with rough rehab estimates that they would like to share.  I've read J Scott's books and understand that there is a long learning process with nailing down these numbers.  But every market is different and there are lots of experienced CT rehabbers on this site, so just wondering.  For example, in a recent forum post there was a great discussion regarding hard wood floor refinishing, and I learned that roughly $2 per sq ft was typical in our area.  Are there any other rough numbers that folks are using in our area to help nail down rehab costs?  

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J Scott
  • Investor
  • Sarasota, FL
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J Scott
  • Investor
  • Sarasota, FL
ModeratorReplied

I can't give specifics (because I don't invest in CT), but I do know someone who invests there, and based on my discussions with him, I think you'll generally be looking at most costs right at the top end of my ranges in my estimating book.

Sorry I can't be more specific than that, but perhaps that can get you started...

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