Houston Real Estate Forum
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 4 years ago,
Price per square foot rehab method in Houston
Hey all. I'm trying to systematize my analysis/due diligence process for flip properties. I'm wanting to speed up my rehab estimation portion of the analysis but don't really know what are good baseline numbers for the price/sqft method to go off of in the Houston market. Is a light rehab $10/sqft, medium rehab $15/sqft, and full rehab $20/sqft? I understand that this is not an accurate enough system to base your whole business off of but I'm wanting to get ball park estimates first and then diving deeper with a contractor instead of wasting the contractors time giving me bids for properties that don't make sense from the get go. Any insight is much appreciated!