Before buying a property that you know will need to be remodeled, if you can't have your contractor quote the property before buying, is there a general rule of thumb to follow for estimating approximate expectations for remodel expenses? 

Before buying a property that you know will need to be remodeled, if you can't have your contractor quote the property before buying, is there a general rule of thumb to follow for estimating approximate expectations for remodel expenses?

They had planned on completely remodeling and updating and knew the floor plan and the neighborhood had 2 types of houses...all cookie cutters.So, you may get a killer of a deal, just make sure the jerks are gone before closing.

Also, on the remodel, a gut job locally can run about $40-50 per sq foot.

We ended up remodeling the bathroom, putting in new carpet, panting, new deck, new stove and decorating.

So I am just finishing up a remodel.

@Brandon Metz I've experienced similar issues remodeling property.

Have some items if anyone in the area is doing an upscale remodel and is on a budget.

Our opinion from our website:Type 1 (High Quality, High Price)They can do new construction, additions, full remodeling, but maintenance work is too small for them.Typically pay for advertising, have sales staff, separate bid preparers, inhouse designers, full office support.Equates to a lot of overhead, leading to markups of 50%+.Bids: Usually have a dedicated salesman that does their bids, so able to supply quality bids.Comment: Usually have the highest prices & quality, and so these are the contractors you’d hire to work on your own home.

Did a nice remodel and procured two tenants at $825 each.