Jul '25 • General discussion
🛠️ How to Estimate Rehab Without Stepping Foot Inside
You don’t need a contractor to get ballpark rehab numbers. Use this cheat code:
Light Rehab: $20–$30/sq ft
Medium Rehab: $30–$50/sq ft
Full Gut: $60–$80+/sq ft
🔍 Use Google Maps, Zillow pics, and seller info to guess the condition.
Then confirm with boots on the ground or buyers who’ve flipped nearby.
🔧 EXAMPLE: Estimating Rehab Like a Pro — Remotely
📍 Property: 123 Maple Ave, Oakland, CA
🏠 Sq Ft: 1,200 sq ft
📸 Photos: Zillow shows outdated kitchen, stained carpet, old roof, but no visible structural issues
📞 Seller says: “It just needs some cosmetic work and maybe a roof.”
🔹 Step 1: Determine Rehab Scope
From photos + seller comments, it sounds like a medium rehab:
Kitchen and bath updates
Flooring and paint
Possibly roofing
No major layout changes or full gut
🔹 Step 2: Use Cost Per Sq Ft Formula
Medium rehab range = $30–$50 per sq ft
So:
1,200 sq ft × $40/sq ft = $48,000 rehab estimate
🔹 Step 3: Pad for Safety
Add a 10–15% buffer for surprises:
$48,000 + 15% = ~$55,200
📊 Final Remote Rehab Estimate: ~$55K
This is a ballpark to evaluate the deal. Always confirm later with a contractor or buyer walkthrough.
Use this system to screen deals FAST — especially when JV’ing in out-of-state markets or with virtual teams.
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🛠️ How to Estimate Rehab Without Stepping Foot Inside
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