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Rehabbing & House Flipping

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Joe Roberts
  • Rental Property Investor
  • USA
29
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46
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Calculating Demo Costs in Eastern NC

Joe Roberts
  • Rental Property Investor
  • USA
Posted Feb 16 2020, 04:41

Good morning BP!

I’ve found a property that will need to be gutted down to its studs but as neither of my previous properties needed much demo, I’m having a hard  time figuring out how much I should estimate for rehab. It’s a pretty big house (almost 2300sqft), so numbers I’ve seen online (like $2/sqft) seem unrealistic for so much work. Does anyone in the Wilmington, Jacksonville, Hampstead area of an idea of how much a full demo job around here should cost? 

Thanks! 

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