Can DG Members Share their best guess for Rehab Prices by the Square Foot of a Home

They might also still have the unlimited room carpeting for $139.

Thanks for the tip on carpet. I will look into this. I appreciate the information. Good luck with REI. Believe and Achieve! - Joe

Hi Joe,
In New Jersey, ceramic tile can be anywhere from your clearance special item, $1.75 a sq.ft to $3.00 a sq.ft. Of course if you are going over a wood surface with tile, you then must put a sub-floor down. Most subfloor material run about $10 per 15 square foot. Continued success.............Lubertha

Thanks for the tip on tile costs and sub-flooring. It is good to try to make a cheat sheet for pricing a home to determine the FMV after calculation the repairs. This really helps getting the input from other on costs. Thanks for sharing the information and continued success. Have a great weekend. Believe and Achieve! - Joe

Another way to go is to find a carpet broker in your area. We buy carpet from a broker in Redding CA. Top grade nylon for about half the cost of even Home Depot top grades. We found our broker in the local penny saver.

Dave
Deals on Wheels

Thanks davenc for that tip; so can you go shop where some builders/contractors shop or do they require a membership or business EIN?

Actually we found an ad in the Redding Craigs list for carpet for sale. We found out later that the guy selling the carpet was a carpet broker. He had been in carpet for 15 years or so. He got the carpet he was selling from companies going out of business, and remnants. He isn't a discount house so you don't need any membership or anything like that.

I would suggest looking in all local classifieds for new carpet for sale. Or any other materials which you might need. We do all our own rehabs so anything we don't buy from Home Depot we find this way.

Many large construction companies sell their surplus this way.

Hope this helps.

Dave Bruton

DEALS ON WHEELS

Thanks for the information and comments. This seems like a good idea and it always helps to shop around. I will check the Penny Saver newspapaer. Thanks again for the suggestion. Good luck on all your deals. Believe and Achieve! - Joe

There is a website that has lots of cost information on it. Everything from moving dirt to the more common types of rehab. It is reported to be a site used by insurance adjustors to determine insurance payments on repairing properties. Check it out; www.get-a-quote.net

Thanks for the link to this useful website. I always learn something new on the DG website each and every day. Thanks for sharing your information. Believe and Achieve! - Joe

The best resource for unit prices is RS Means. They have a book for all types of construction including Residential. It is a little daunting if you are not used to estimates. Let me know if you are going this route, I can give you some pointers. The publish a new book every year.

www.pillartopost.com is a pretty cool site. Go to the real estate professional tab and then select repair/upgrade cost guide.
Also I have worked with a couple of people that use very quick calculations when doing a wholesale deal.
Paint,flooring, cosmetics only $10.00 Sq Ft
Same plus Bath and kitchen re habs $20.00 Sq Ft.
Same plus landscaping $25.00 Sq Ft
Same plus roof, windows $30.00 Sq Ft
This is for the Denver area.

Good Luck To All!
Michael Mangham
MD Home Acquisitions LLC

up

Hi everyone thanks for the sharing, much appreciated.Jim