I received a landlord dwelling quote from Travelers for Coverage A - dwelling for $223,600 plus 25% of additional replacement cost coverage which puts the total at $279,500, plus $28k for furnishings and $70k for loss of use.I understand I wouldn’t need to purchase the land in a rebuild, but $280k seems low for a cabin worth $520k, not to mention the risk of inflation continuing to drive costs higher for building costs and labor.

@Joe HomsI agree with you about the home appreciation in California being much larger than other states.

@Joe Gonzalez thank you for the reply!

A laborer?

@Joe Splitrock Thanks for the reply!  

Another friend needs to renovate his house but can't get anyone to do it, it's brutal.Plumbers, roofers, lawncare, there's no one available to do this work bc there's waaayyyy too many Airbnbs for the local labor market to support.Not to mention the dire shortage of cleaners and handymen.

I'm working on building a rehab cost estimator spreadsheet and was wondering if any one on bigger pockets already has the average costs plus labor for common materials (laminate, granite, sheetrock etc.) for today's prices in the Charlotte market.

It's a coin flip when going direct to laborers.

Joe Fairless' Apartment Syndication book, The Definitive Guide to Underwriting Multifamily by Rob Beardsley, and What Every Real Estate Investor Needs to Know About Cash Flow...

@Joe Homs I appreciate the feedback and insight.