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Carter Mayberry
3
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9
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Average Rehab Per SQFT in Midwest

Carter Mayberry
Posted

In Iowa looking at a house for $20k. It was a 3bd/1ba 1050sqft, gutted to the studs. Does anyone have any updated number for a "mid grade" fix and flip from the studs per sqft? I saw previous numbers of $70sqft? I can do most of the work if I needed to but for timeframe reasons, I'll probably hire some of the work. Yes, I should get quotes from contractors but the owner wants it under contract before I start sending contractors to the house. Just looking for some rough numbers. Comps that are clean but outdated are selling for $100k - $130k Thank you!