Updated 3 months ago on . Most recent reply
Rehab Cost Estimate
Hello
I'm searching for wholesaling/flipping properties in Jacksonville Fl. As I understand, The prices for labor is little cheaper there comparing to NY.
Anyone have Experience or some rule of thumb regards Reno prices there or in FL -I believe it would be the same range? (like - light rehab $40/sqft, medium $70sqft etc ... ) So i can get more accurate numbers for the sellers?
Thanks
Niro
Most Popular Reply
Labor is generally cheaper in Jacksonville than NY, but there isn’t one set “Florida” rehab number that works everywhere.
The per-sqft ranges people mention can be helpful as a starting point (roughly $20–$40 for light, $40–$70 for mid, $70+ for full), but finish level plays a huge role. A rehab using Lowe’s builder-grade materials is a very different budget than one with Kohler fixtures, higher-end cabinets, or quartz, even if the scope looks the same.
Location matters just as much. A flip in Ponte Vedra is going to demand a higher finish level — and often higher labor costs — than a property in areas like Moncrief. Buyer expectations really drive both material choices and overall rehab numbers.
- Joseph Beilke
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