Are TV shows realistic in pricing?

[Brian Tremaine]

Hi All,

You know the shows such as "income property" & "flip or flop"? Are the cost estimates they give on rehab jobs realistic? Such as re-doing a kitchen, moving a wall or replacing all floors? I'm trying to get an idea of what typical rehab costs are.

[Mindy Jensen]

Every property is different, every job is different. It all depends on who does the work, what finishes you use, etc. I remodeled my entire kitchen for $5,000. My neighbor is remodeling hers for $60,000. Yes, hers is bigger, but it isn't 12 times bigger.