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Updated almost 8 years ago on . Most recent reply

User Stats

32
Posts
9
Votes
Marcus Durant
  • Minneapolis, MN
9
Votes |
32
Posts

cost per Sq Ft to rehab in Minneapolis

Marcus Durant
  • Minneapolis, MN
Posted

Hi All,

I have my comps back and am heading out tomorrow to put my first house under contract. I m trying to get a good ballpark of how to estimate possible repair costs ( i am new). I have heard a wide range of cost per sq ft used across the site. I am curious what investors and rehabbers pay per sq ft on Avg in my market. 

any info is useful. 

Thanks in advance

Most Popular Reply

User Stats

208
Posts
68
Votes
Suzanne Griffiths
  • Investor
  • Hugo, MN
68
Votes |
208
Posts
Suzanne Griffiths
  • Investor
  • Hugo, MN
Replied

Marcus Durant it would be best to have a contractor come with you and give you an estimate. We rehab in the Twin Cities and have in Washington State in the past. The cost here is considerably higher than Washington State, almost double.

Be very cautious with trying to estimate based on SF. You can get in trouble very quickly this way.

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