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Updated over 4 years ago,
What is the average repair cost for fire damage on a sfr ?
Came across a 3/1 in Phoenix with pretty bad fire damage, it’s listed at 89k and has been listed for sale for 52 days now. The house right next door which is a 4/2 is selling for 219k and other comps are around that range. So besides all the basic needs that a house requires to be habitable from drywall, cabinets, roof, etc. what other repairs are needed? At what price would this house make sense? And how long would a rehab like this take? Thank you in advance!