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Updated over 8 years ago,
Question for High-End Rehabbers/Flippers
I'm looking at a deal that would be a pretty high-end rehab and flip in Atlanta. ARV will be about $700K. In order to get to that ARV I'd need to add a master suite over an existing garage that is 400 SF. I've done this exact type of project before, but it was on my personal house and it was 8 years ago.
My question is- for preliminary budgeting purposes only, what is a good $ per SF number to add a master suite? Not including the additional structural issues I'll need to include for the existing garage, but just to add the space including the floor trusses. I want to say I spent about $150/sf back in '08.
Thanks for any input.