Best Way To Estimate Rehab Costs For Calif. Property?
What is the best way to estimate rehab costs for a property in the So. www.calif.market. I know that this market is a bit different that the rest of the country. Is there a formula for CA property, and can it be transported to other western states?
Thanks
RAL
You should bid out the projects to get a compeditive look at what things cost. After you get in the business you will likely start to meet subcontractors who will do work 30-40% cheaper than the GC's usually. You'll also get an eye for what things cost with experience.
GOOD LUCK
That and you can get ideas abouit what $/sq ft costs.
I just rec'd a insurance quote today, and they insist on using 200/sq ft, to calculate the replacement cost..
I have seen estimating tools from from large home supply store and the Internet in which the prices where zip code indexed.