By: Jim W

Jim W — Tue, 30 Nov 1999 00:00:00 +0000

It depends on the local labor market about how much it will cost. The age of the building probably means the electrical is in need of total R&R, the plumbing is probably the same except the main sewer line. That means every wall must be opened to the studs just to do the electrical, if that were the only upgrades, you could start figuring from there. Your best bet and the correct way for this type of project is to list what you want done and then see a professional architect. After that seek out at least 10 reputable contractors to submit bids for the project.
The most expensive and the cheapest could be discarded if you got 6 resposes. Then you can decide what you want done or if it’s a DIY job ( I doubt). The slight downturn in housing starts is temporary and the NO floods and the ones this year are sure to re employ a large number of the workforce.
To guess about the cost rough is $300/ ft depends on what you want done. Also a roof and AC are to be considered as add to the cost.

By: spam juice

spam juice — Tue, 30 Nov 1999 00:00:00 +0000

Since you’re doing electrical work, you will need to get a permit from the city. For such a small project, I would forgo using an architect (even though that is what I do), his expense will eat into your budget. Since this is a rental project, I would shoot for 5 out of 10 in the level of finish, being near the ocean will be the selling point, you will not need to put anything more into it. As far as to either to update the interior or to do a full interior tear down. It comes down to your budget. You should have a budget in mind (aim for $175-200/sf) before you touch anything in the house. Do not get emotionally attached to this project.

Comments on: How much should it cost to renovate a 1200 square foot bungalow from the 1950s.

By: Jim W

By: spam juice