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Updated over 4 years ago,

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23
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8
Votes
Frank Gamez
8
Votes |
23
Posts

Price per square foot rehab method in Houston

Frank Gamez
Posted

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!

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