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Updated over 6 years ago on . Most recent reply
Asbestos and lead based paint
I made an Offer on a property built in 1932 this week that has asbestos tile roof, lead based paint, and potential asbestos contamination in other areas. My original scope was around 45k in repairs.
I have never replaced an asbestos based roof or remediated An entire property of lead-based paint, but I wanted to add that into my rehab budget. From what I find online the cost is basically $10-$15 for asbestos remediation per square foot and lead-based paint for mediation is about the same per SF to fully remove and dispose professionally.
I can go ahead and assume that my painting budget as well as my roof budget will DOUBLE with asbestos and lead based paint correct?
Just want some ”rough estimate” feedback :) i will have a contractor Walk property with me during the due diligence period To be certain...
Thank you!