Apartment Renovation Cost

The goal of most investors who buy properties to renovate and resell is to buy cheap spend 10 15 000 on renovation of property and holding costs sell for retail price and pocket 25 000.

Apartment renovation cost.

Kitchens bathrooms and any structural or mechanical repairs eat most of the budget. Home renovations and remodels average 46 788 with most homes falling between 18 374 and 75 989. So there isn t one fixed figure it really depends on the amount of works you would like to do. Here are some general per square foot prices to prepare you for your project.

Condo remodel cost question 3. The average cost to completely renovate a 1 bedroom apartment is 18 000 to 45 000 depending on the location and whether it s major structural changes or minor alterations. Homes come in all shapes and sizes which can translate to different costs. Basements take another 20 000.

Get accurate remodeling costs per square foot for top projects such as. Kitchens alone run 25 000 on average. What a high end remodel costs per square foot in nyc and how to make the most of it. The non gut renovation may involve a new kitchen and bath as well as refinishing flooring replastering and painting plus upgrades in materials and finishes.

If you want more info on condo kitchen kitchen remodel costs make sure to look at my detailed post on the subject. We calculated the average cost of home renovation based on a 4 room hdb flat i e. I also see a lot of posts from wholesalers where there rehab cost is way underestimated of course. You can calculate the cost a full house remodel and the cost to gut and build a new house.

For a complete renovation that includes carpentry electrical wiring plastering painting and wet works here s an estimated cost range for each property type. Average cost of home renovation for a 4 room hdb flat. For example in a 700 square foot one bedroom apartment a renovation will come in around the 50 000 to 70 000 range while a gut renovation will likely exceed 100 000. According to our research the average cost of home renovation for a 4 room hdb flat is around 56 000.

How much are you doing yourself. In my 1000 sq. I ve gotten a lot of questions lately about rehab and renovation costs. Nyc apartment renovation tips.

Bathroom kitchen house addition attic basement flooring windows roofing siding decking hvac electric and over 45 other. Home renovation and remodel costs. Apartment renovation costs 25 to 60 per square foot on average. I think it s very tough for new people to understand the real cost of renovating an apartment house or building.

Home renovation cost guide provides accurate price estimates for the most popular remodeling projects. Costs per square foot it s important to set expectations about the cost of your nyc apartment remodel.