Developing a rehab estimate

[Ethan Partee]

What are some things that have worked for you guys when first developing a rehab cost spreadsheet?

Who should you reach out to? Are there any good templates available?

[David Robertson]

Originally posted by :

That's kind of what I did today. I reached out to the contractor I used in the past and asked him how he came up with his estimates. Using the info I gathered from him and the website homewyse, I made a quick estimate spreadsheet making sure to include every item that might need to be fixed or replaced in a rehab. Am I headed in the right direction?

Thanks for your input

Yes, you are on the right track.  Every investor will have their own custom pricing sheet tailored to their specific market, materials and finishes.  

I have a couple of spreadsheets in my fileplace that are pre-built with common categories, repairs and prices that can help you get started, but you really need to review all labor & material pricing and customize it to fit your specific project needs.

Simple Estimate Spreadsheet

Detailed Estimating Spreadsheet