Rehab estimates help

[Bashir Hopewell]

If the foundation of a home needs work, how would I estimate my repair cost on a home that has 1800 square feet ?

or should I just not try to put it under contract?

[Kevin Sobilo]

@Bashir Hopewell, what kind of work?

A foundation might need parging which is cosmetic.

It might be cracking and heaving inward which might require both dealing with exterior ground moisture and also stabilizing the foundation from the inside with one of a few options.

It could be many other issues as well. Some of which can be estimated without any fuss but some of which might require a specialized contractor to evaluate and estimate.

Almost any deal is a good deal at the right price and any distressing condition is an opportunity if you are able to tackle it. So, I wouldn't say its something to avoid so long as you are able and willing to deal with it and of course get a good deal on the purchase.