Rea
Real Estate Renovation Costs
Topic
N/A
Accuracy
Recent Predictions
Incorrect: 1
Pending: 9
Unrated: 0
Prediction
Author
Predicted at
Status
Video
Previous buyers estimated $50,000 to fix a bathroom.
"Didn't we have some buyers that said that it would take like $50,000 to fix this bathroom?"
Dec 6, 2025
Incorrect
Initial renovation of a kitchen and bathroom cost $20,000, but a subsequent remodel was required due to improper work.
"So on this specific unit I've spent I spent $20,000 during CO redoing the kitchen and part of the ba..."
Dec 6, 2025
Correct
A property has incurred significant renovation costs (estimated $40,000-$50,000) due to poor previous contractor work.
"The last firm that was here did such a poor job on the rehab. We've now spent 40,000, 45, 50,000, I ..."
Dec 6, 2025
Pending
Expanded polystyrene (foilbacked EPS) is being used to address airflow issues and freezing under the foundation of a house.
"So, they've had to go through and they're putting expanded polystyrene, well, it's foilbacked EPS ar..."
Dec 6, 2025
Correct
The buyer is estimated to spend $90,000-$100,000 on renovations and foundation work for the property.
"they're going to put about fifty thousand dollars in the renovation of this property on top of the f..."
Nov 4, 2021
Pending
An additional $250 is budgeted for unforeseen repair costs in a property renovation.
"probably another 250 and other crap that we're guaranteed to miss"
Mar 7, 2020
Pending
The speaker purchased 50 windows for less than $30 each.
"less than $30 a window"
Mar 7, 2020
Pending
A single window replacement is estimated to cost $200.
"I can get it replaced for 200 bucks"
Mar 7, 2020
Pending
The estimated cost to fix floors (carpet, padding, installation) for a 600 sq ft property is $1.50 per square foot, totaling $750.
"figure probably is gonna be a buck fifty per square foot to refix the 3d the floors between carpet p..."
Mar 7, 2020
Pending
The estimated cost for painting a property is $750, bringing the total estimated renovation cost to $1500.
"750 for paintings that were up to 1500"
Mar 7, 2020
Pending
The speaker is evaluating whether a $32,000 property, rented for $700/month for 18 months, was a profitable investment after renovation costs.
"total acquisition price on this one was $32,000 they've lived in here for 18 months at seven hundred..."
Nov 13, 2018
Pending
The security deposit ($700) collected from tenants is insufficient to cover the estimated renovation costs for the property.
"I've kept the deposit on this which is seven six hundred dollars which definitely won't be enough to..."
Nov 13, 2018
Pending