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

Comments(2)

  • myfrogger25th May, 2004

    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

  • cjmazur25th May, 2004

    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.

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