how much to rehab two bedroom condo

Living room remodeling costs $1,500-$5,500. Bedrooms remodeling costs $1,500-$3,500. You can think of your home’s rooms in two ways: wet and dry.

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How much does it cost to rehab a house?

May 10, 2018 · This part of the project will begin with a demolition of the area, including a non-load bearing partition wall, to create a more open floor plan ( $1,500 .) Repairing the walls and ceiling post-demolition will cost an additional $1,500; installing a new sink, faucet, and lighting fixtures amounts to $4,000.

How much does it cost to completely remodel a 3-bedroom house?

Mar 28, 2017 · As I alluded to before, we don't have the time or the experience to do the work ourselves, so it was the only option. But, if you can do all of the work yourself you could easily do a super high quality remodel on a condo for $50-70/sq. ft. Provided you do a good job, that is.

How much does a condo kitchen remodel cost?

Mar 15, 2018 · In the two bedrooms, in addition to new flooring, Bolster installed new base molding and upgraded the base trim for a more refined look ( $924 for materials and $1,836 for installation). Built-in shelving was added to some of the closets as well, to create more storage space for about $900. “We also did a lot of wall repair,” Chris says.

What is a rehab construction costs contingency?

Some of the bigger reasons why we don’t normally flip small spaces like a condo is because you don’t get as much of a return. The numbers on this property aren’t bad, though: Bought for: $36,000. Repair costs: $9,700. Total expenses: $45,700. …

Finding firmer footing with new floors

When Mansi bought the apartment, the developers were in the process of converting the property. And while they did create a livable, residential space, there were aspects of the apartment that posed challenges for the family.

Beautifying the bedrooms and bathrooms

The bedrooms and bathrooms in Mansi’s condo received some cosmetic updates as well, with the goal of making the most of the space and adding some much-needed storage.

Preparing up front and asking the right questions

The renovation is scheduled to be completed soon; the project has spanned about three months, and it’s been smooth sailing thanks in part to Mansi’s advance preparation.

Flipping Small Spaces Is Tough

Some of the bigger reasons why we don’t normally flip small spaces like a condo is because you don’t get as much of a return. The numbers on this property aren’t bad, though:

The Dining Room

For the most part, the dining room wasn’t a huge rehab. The floors were already there, so we basically just painted the walls and add a new light fixture.

Flipping Small Kitchens

This was a very small kitchen. Everything about it was small. The breakfast bar opening was much, much smaller before I got my hands on it. I had my contractor open up that space so that it wasn’t so dark and narrow in the kitchen. This worked for two reasons:

The Bathroom & Master Bedroom

Just like the rest of the condo, the bathroom didn’t need too much work. I really liked the tub surround tiles, so we cleaned up the grout and kept that how it was. The countertop was replaced with the same granite that we used in the kitchen. Again, because the whole flip was really cost-effective, I was able to make all of the countertops match.

Flipping Small Spaces Wrap Up

Working with small spaces isn’t always confining. Finding ways to open up the space, or make it feel bigger than it is is important. And don’t forget to work with what’s there! We kept the hardwood floors and tub surround because they were in good shape.

How much does it cost to repaint a house?

Estimate painting costs: A typical cost to repaint a house exterior with one coat of paint at 2 painter hours and 1gallon of paint per 100 SF (1 CSF) can cost around $160/CSF, or $1.60/SF. You will then need to add costs for height, as well as painting trim.

How much does it cost to tear off a roof?

Roofing tear off can cost between $50/SQ for asphalt to $100/SQ for tile, and this cost doesn’t cover haul away. A new shingle roof can cost from $230/SQ for a basic 20 year shingle, to almost $400/SQ for fire rated and wind resistant 40 year shingles.

How tall should a kitchen countertop be?

The rule of thumb for estimating countertop needs in a house is: 1 Counter: 8 linear feet per 1,000 square feet of living area 2 Counter width and height: 25″ wide x 36″ high

What is a drainage system?

The drainage system consists of sewer laterals, drainage pipes and vents. It’s common for pipes in older homes to break or become clogged. Older homes have cast iron drain lines, which rust out after about 70 years. In some cases, the pipe diameter will be less than required by current codes. If you see cast iron and perform any plumbing, codes may require you to update the drain as well.

Do you need to paint the outside of a house?

Before doing so, one should consider whether it is necessary to paint at all, and whether a simple power wash will achieve the same effect.

What is BTU in heating?

A common update is to add forced air heating and cooling to an older home. The Btu capacity of a residential heating system depends on climate, window size and orientation, insulation and square footage to be heated.

How much does it cost to install an exterior door?

Exterior doors can cost between $200 for a basic slab door, to $2,000 for a stylish Oak or Mahogany entryway. You can expect to pay about $1,500 to cut a wall opening and install a slab door.

How much does it cost to remodel a living room?

Living rooms, including dens and family rooms, tend to have more space, so might creep closer to $5,000. Living room remodeling costs $1,500-$5,500. Bedrooms remodeling costs $1,500-$3,500. You can think of your home’s rooms in two ways: wet and dry.

How much does it cost to renovate a house?

Renovating a house costs $10 to $60 per square foot on average, but you might spend up to $150 per square foot. It really depends on the room and where you live.

How much does it cost to build an addition?

Building a home addition costs $21,000 to $70,000 on average but can cost anywhere from $6,000 to $125,000, with homeowners spending an average of $46,000. Again, this depends on the extent of the addition and the finish materials you choose.

How much does it cost to remove a load bearing wall?

Removing a non-load-bearing wall usually falls under $1,000 . Rewiring a home costs $4,000-$20,000.

How much does a kitchen remodel cost?

Kitchen remodels cost an average of $150 per square foot. The average cost of kitchen remodels comes in at $25,200, with homeowners spending anywhere from $4,000 for small kitchen remodels to $60,000 or more for high end projects.

How much does labor cost per hour?

Labor rates for various trades range from $20 to $150 per hour or more. If you’re acting as your own general contractor, overseeing and coordinating the project, you’ll need to know these subcontractor rates:

How much does it cost to hire a plumber?

The average cost of hiring a plumber is $300. Plumbers may charge by the job or by the hour. Average hourly costs range from $70 to $120, although calling a plumber for an emergency or after-hours project typically costs more.

How much does it cost to rehab a house?

Cost to rehab a house. The average cost to rehab a house is $20,000 to $75,000 or $20 to $50 per square foot. A full gut rehab costs $100,000 to $200,000 to remodel a house completely. Generally, the cost per square feet gets cheaper as the house size increases.

How much does it cost to renovate a 3 bedroom house?

The average cost to fully renovate a 3-bedroom house is $25,000 to $100,000, and between $40,000 to $180,000 to remodel a 4-bedroom home. These renovation costs range from standard upgrades up to a complete gut and remodel.

What is the cheapest way to remodel a house?

Cosmetic renovations are the cheapest way to remodel a house on a budget. Refinishing surfaces and reusing appliances helps keep costs down. Here are cheap remodeling tips to give you that feeling of a newly remodeled home.

How much does it cost to change a floor plan?

The cost to change the floor plan of a house is $750 to $3,000 and up. Architects charge $0.50 to $2.00 per square foot to draft design plans and provide blueprints. Structural engineers cost $500 to $1,000 and are required when knocking down load-bearing walls or planning an addition.

How much does an electrician charge per hour?

Electrician hourly rates are $40 to $100 per hour on average, plus a $75 call-out charge. The cost to rewire a house completely is $3,500 to $8,000, depending on the home's size and accessibility. Installing a new electrical panel runs $1,200 to $2,500.

How much does it cost to update appliances?

Updating appliances cost $2,500 to $10,000 for a whole house or between $200 to $2,000 each on average. The kitchen and it's appliances can make or break the sale of a house. Installing new and modern appliances improves your home's value.

What are the factors that determine the cost of a home renovation?

When estimating home renovation costs, the main factors are the square footage, age, location, and current condition of the property , which rooms are being remodeled, the depth and if any structural changes are made, and the quality of materials and appliances.

Collaborating with the architect and designer

Having already lived in her apartment for 15 years, Margaret had grown to appreciate its existing rectangular, semi-open plan layout. And because the renovation would not be driven by an urgent need, it was challenging to determine where to focus her attention.

Revamping the kitchen and bathrooms

The work began with a demolition and removal of kitchen cabinetry, counters, appliances, fixtures, and plaster ($3,500). The co-op’s plumbing was removed back to the risers (the pipes that supply the entire building) and new rough plumbing was installed ($5,500).

Determining the woodwork

Margaret chose many of the details herself, making the most of her renovation with custom selections. One of the big-ticket items on the final bid was the cabinetry: In the early stages of planning, Margaret learned that the existing cabinetry, which occupies a large area of the apartment, had deteriorated and needed a complete overhaul.