Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Rehabbing & House Flipping
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 8 years ago, 02/25/2017

User Stats

247
Posts
76
Votes
Benjamin Barredo
  • Wholesaler
  • Knoxville, TN
76
Votes |
247
Posts

Easy Formula to Estimate Repair Costs - Tennessee

Benjamin Barredo
  • Wholesaler
  • Knoxville, TN
Posted

I know I know. There's no simple way to estimate repairs but there has to be a simple formula to get in a ballpark so that one can make a quick offer.

I like the idea of square footage multiplied by a price.

Does anyone in Tennessee have a price - maybe a different price per renovation level (cosmetic with appliances interior, one with exterior, and then more complicated flips up to stripping down to the studs) - that can be multiplied against the square footage?

J Scott's book says he can use a number of $12 x sqft for a simple cosmetic job. Considering he's in GA I'm going to say that that's quite close to us here in Knoxville, TN.

Anyone?

Loading replies...