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Jean Marx
  • Rental Property Investor
  • Missoula, MT
38
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Little Rock Rehab Estimate Numbers

Jean Marx
  • Rental Property Investor
  • Missoula, MT
Posted

Hi all -

We've been submitting offers on SFR and small multi-family in Little Rock, AR from California. Do you have quick rehab numbers by square foot to get a general idea if it's a deal/what price point you need to be at? Our realtor throws out numbers that seem low but our frame of reference is California. She's knowledgeable and also invests. However, she and her spouse do most of the work themselves so we wanted to hear from someone that hires out.

Thanks in advance!

- Jean

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Hadar Orkibi
  • Rental Property Investor
  • USA / NZ
812
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1,528
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Hadar Orkibi
  • Rental Property Investor
  • USA / NZ
Replied

@Jean Marx your question is very hard to answer, how can one know the cost of renovating a house with out knowing what it needs.? 

also it depends on what standard/ finish do you aim to achieve? 

Look in the fils section here on BP, there is a rehab cost estimate XSL.

In general is you do a 3 bed 2 bath house of say 1300sqf, complete cosmetic rehab not including HVAC and roof you can be at around $20-25k.

If there are more structural stuff and you need to remove walls, plumbing, electric etc potentially up to about 60k with new HVAC and Roof.

  • Hadar Orkibi
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