New Construction Opportunities

[James Walker]

Hello.  Was wondering if anyone is currently engaged in new construction investments in the area, or have contacts who are.  I am weighing different strategies in the Chattanooga area and wanted to gain more insight into new construction cost structure in the region. 

[Brian Levredge]

Quote from @Eden Meng:

Hi @Brian Levredge- Since Chattanooga is my market of interest in a very near future, would you mind sharing with me what is the average price per squared footage for cosmetic rehab for fix and flip project?

Thank you,

Eden

Kind of depends on your scope but here's rough breakdown.  All prices are per sq ft, labor and materials, based on 800 sq ft unit:
Demo $1
Paint  $3
Electrical $1.50
Flooring (LVP snap and click): $4.75
Granite $3
Appliances $3
Cabinet refinishing: $1
Tub refinishing $1