Given that contractors are generally out of the equation for many new investors, I put together this guide to enable you to estimate your own rehab costs. However, it’s difficult to find a general contractor to give you estimates without guaranteeing continual business, or paying for an estimate on every property you want to put an offer on. Many try to find contractors to get a rehab estimate for a flip. There are simply so many variables to account for that generating an accurate estimate can be a daunting task. However, by comparing your renovation plan to the typical rehab costs, you can generate an accurate repair estimate, and that is the aim of this guide.Īccurate construction cost estimates are some of the most difficult costs for new investors to come up with when estimating a real estate rehab project. ![]() The cost to renovate your house will of course vary based on the scope of work you intend to do. This detailed guide helps with estimating rehab costs accurately for a number of common home improvement items in your house flipping project.
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