Updated almost 11 years ago on . Most recent reply
Rehab Estimates
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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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...