When buying a fixer upper house, which fixes are the most expensive?
When buying a fixer upper house, which fixes are the most expensive? - Question on Quora.com
Let’s use an example rehab property that is 3 bedrooms, 2 bathrooms, & 1,500 sf here in Kansas City (roughly national average).
Here are the 15 most expensive items that you will likely have on a fixer upper and some rough ranges based upon what I’ve paid in the past on my rehabs:
- Foundation issues/repairs - probably the most expensive, but really depends on the extent of the foundation damage ($5k up to $20k+)
- Asbestos/Lead/Mold Abatement/Termite Damage - This is another repair that can get very expensive depending on the extent of the damage) -not even going to guess :)
- Kitchen Remodel (new cabinets, countertops, appliances, flooring, backsplash, etc.) - $8k to $20k
- Full Bathroom Remodel (new plumbing fixtures, tiling, vanity (no extensive reconfiguration) $4k to $10k
- Replace Concrete Driveway (1,000sf) $6k to $10k
- Replace Siding (varies by material) - $5k to $10k
- New Electrical Panel & rewiring - $4k to $10k
- Replace Waste Line Pipe ($50 to $100/lf) - $4k to $10k
- Replace AC & Furnace - $5k to $8k
- Roof Replacement (new asphalt roofing) - $4 to $6k
- Re-Pipe w/ New PEX piping & Stacks - $4k to $6k
- Window Replacement (10 new vinyl windows) $3k to $5k
- New Flooring Throughout (varies by material) $3k to $8k
- Exterior Painting - $3k to $4k
- Interior Painting - $3k to $4k
More Updates Coming Soon!
Checkout Our Software Road Map To See What We're Building Next
We welcome your feedback and hope to provide a collaborative experience so we can build the best house flipping & rehab project management software together.
If you have any feedback, ideas or suggestions, collaborate with our community to help us decide what we should build next.
Flipper Force Software Wish List