How to Estimate and Budget Your Rehab
How to Estimateand BudgetYour Rehab
How to EstimateRehab Costs
What to Bring to the Property
Start with the Exterior
Walk the Perimeter
RoofingPriced per square$225-$400 / square$40/sq. for labor$100/sq. for materials$50/sheet for patching+$500 for dumpster
Roofing
$3,000 - $4,000
Gutters/Downspouts
$1,500
Concrete
$6.00/sqft on ground$10.00/sq vertically
Decks
depends on size/height$1,500 to start
add $1k per level
Landscapingmulch beds/basic landscaping
$500 - $1,500don’t go overboard!
$300 - $500 / tree
Windows
$250 per window
$500 - $1,500bay windows count as 2
Exterior Doors
$650 for front doors
skip the screen door$250 for other doors
Vinyl Siding
$3,000 per story
Exterior Painting
$2,000 per story
also applies to cape cods w/trim
Anything Else?
keep it simple!use Houzz.com for ideasdon’t skip the details
Interior Work
Demolitiondumpster: $500 for 30 yard
Labor - $10/hour. 2 person crew, 3-5 days.2 Rubbermaid trash cans, shovels + contractor bags.
Drywall
patching $500-$1,000hanging/finish is $30 - $40 per 4’x8’ sheet
Framing
wall removal + beam$1,500
general framing$100 / 8 foot section
Rough Plumbingrough in new kit/bath or replumb existing kit/bath
$1,500rough in where existing
$500 / bath$250 / kitchen
Electricservice change - $2,500replace panel - $1,500new electric? $25/opening
fixture + lab budget: $1,100+materials
Trim$1,500 per story for base
$50/side for casing
buy contractor packs of trim
Interior DoorsAlways use raised panels
$150/door total$75 if just slab + hardware
Paint$2.25 / square footbeware of per room pricingshould include minor touch-up and all trim/casing
Tile$5.00 / square foot total
$3.00 / sqft for labor$2.00 / sqft materials
$600 for total backsplash (Google: build realty tile backsplash)
Bathrooms$2,500 for full bath$1,500 for half bath$1,000 gen. repair$600 hot water heater
KitchenCabinet prices vary greatlyGranite - $30-$50/sqftConsider in-stock$800 for cabinet install
($50 / cabinet)
Insider Kitchen TipsFind a reliable local supplier
(we recommend Unity)
Find out if they do take-offs
$4,000 total kitchen budget
Basements
Don’t neglect the basement!
Remove almost everything!
BasementsWhite on wallsSpray ceiling blackPaint floor gray$500-$750 / bsmt
CarpetCall Dan Jones for carpet. 886-2674$2.00 / square foot
Hardwood$3.00 / sqft foot to refinish
$2.00 / labor sqft to install
try Lumber Liquidators