Repair estimates?

[Sean Broughton]

Hey guys, I’m checking out a property later. This should be interesting
lol. Can anyone tell me the absolute best way to get an accurate repair
estimate on a property using the little or no cash? Thanks in advance BP.

[Angela Tanudjaja]

Most maintenance companies will probably give you a quote if you call them and email them pictures of what needs to be repaired. Otherwise I think the other option would be to find a savvy friend.

[Rob Powell]

Here is a simple rule of thumb I picked up from a youtube video. It has served me well so far.

Exterior paint : $2.00 per finished sqft
Interior paint : $1.30 per finished sqft
Windows and Doors : $300 each
Kitchen : $2500 for 10' cabinets and sink
Bathroom : $2500
Flooring : $2.50 per finished sqft ( does not matter Carpet,hardwood or laminate)
Electrical Panel : $1500
Water Heater : $500
Furnace : $3500
AC : $1500

Add up all the major items and then add 25% to the sum to account for miscellaneous expenses.
This should give you a good estimate of repairs.
If the entire inside of a house needs to be renovated just factor $15-$20 per sqft.
Hope this helps. Good Luck!

[Sean Broughton]

Wow, thanks for the great info guys!

[Ayo F.]

Great info Ed. Those numbers are spot on the money! Sean, try and make adjustment for your area thou. Labor might be more expensive in PA than here in the South. Contact a contractor and ask them what those numbers are for your area, just to adjust for higher cost in PA.

[Corey Young]

Are those estimates labor-only?