Guidline for renovation costs?
mary_md7
15 years ago
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bill_vincent
15 years agoRelated Discussions
multi-family home renovation (3 units, 18 beds 9 bath), cost of renov
Comments (11)There is no way anyone could give you an estimate of pricing as we really can’t tell what the scope of this project is. Electrical? Plumbing? Heating/cooling system? Insulation? You have what appears to be three 6 bedroom, 3 bath apartments. (Which in my opinion is just asking for trouble.) that do clearly need some renovation. Have they all been occupied recently? It doesn’t look it. Is this your first foray into landlording? My best suggestion is to go MrLandlord.com and ask your questions there. They’ve got some amazing landlords on there with tons of varied experiences. They can guide you on all sorts of ins and outs of finding and getting tenants along with rehabbing/renovating your buildings and how to tenant proof the building. If you are doing college rentals tenant proofing is extremely important. As are your processes for screening tenants and getting the money....See MoreCentral NJ Renovation Cost?Any ideas?
Comments (10)I'd try to do testing for asbestos-that way, you know that wherever you might disturb it (can be walls, can be under floors..) you need to abate it first. Every state has its own rules as per abatement, if done on a little scale-I don't know NJ ones. But the year the house was built suggests asbestos might be there somewhere It seems the kitchen was remodeled later, so might be less work there-or you might decide to leave it for now, ot tweak just a bit. I also like pink tiles:) They seem original, if you like them and the plumbing is fine, I'd work with them. It's a livable, big, nice house, you can decide you tackle only parts such and such for now. i'd get an idea of what I'm looking into, maybe rough estimate from a couple of local GC's..I understand it's probably hot market and sellers might not want to wait for all that? Do consider different scenarios though when defining your scope of work....See MoreHow much would it cost to fully restore and redo renovations?
Comments (2)You probably need to contact a local contractor to get accurate pricing for your area. Im in SE WI and a bathroom remodel alone can easily run $25-$50k. Knocking down a wall and kitchen Reno is at least $50-$75k around here. It adds up quick....See MoreBathroom renovation costs
Comments (1)Can't answer without dimensioned drawings of all the floors and adjacent rooms....See Moreweedyacres
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