How to Estimate Home Remodeling Costs Like a Contractor—In Minutes While You're Still At the Property
From The Desk Of Don Petrasek
Dear Real Estate Investor,
If you'd like to be able to act quickly AND minimize your risk when buying fixer upper houses then its a good thing you found my site.
I'm going to show you how to estimate repair costs like a contractor and make offers immediately that virtually guarantee you a good profit. All this without running the risk of bidding lower that you have to and losing the property. I'm also going to show you how to make sure contractors don't take advantage of you once you've purchased the house.
Watch How it all Comes Together in This Video
5 Ways That The Home Remodeling Cost Calculator Will Instantly Help You Become More Successful Buying Fixer Upper Houses...
#1 Estimate Repair Costs Like a Contractor, Even if You Don't Know Which End of the Screwdriver Does the Work
Anyone, even someone with no home repair or construction experience, can use it to accurately estimate the cost of all the repairs a fixer upper property needs and what the maximum offer for the property should be.
#2 Stop Worrying That You're Paying Too Much for Repairs
The Contractor report feature allows you to easily compare your estimated amount to contractor bids. You'll know instantly whether or not the price a contractor is giving you is reasonable or not.
#3 Put a Complete Whole House Repair Estimate Together - As Quickly As You Can Walk thru a Property
Over 400 current Labor and Materials costs are included. These costs aren't just industry averages or some other vague number but rather actual labor and materials (mostly Home Depot) costs. Most inputs require you to just choose from a drop down or check a box to indicate that a repair is needed - I've eliminated the complicated time consuming measurements that other house flip and repair cost estimator tools need to work! Don't waste your time doing dozens of measurements in every property you consider.
#4 The Regional Cost Adjustment feature allows you to adjust the estimate costs used to match costs in your area!
#5 Add Materials, Change Costs - Customize for your Needs
Use the Preloaded Labor and Materials costs or easily input your own if you are an experienced re-habber. Even add your own materials selections so that the estimates you create include exactly the materials that you intend to use.
For A Single Payment of $99 You Get Lifetime Access (never expires) and Can:
Click Get Instant Access to the Home Remodeling Cost Calculator
Also Included at no additional cost:
Unlimited downloads of my Offer Calculator
Instantly determine the maximum price you should pay for any fixer upper house based on repairs needed, purchase holding and selling costs and desired profit. Works with Excel or Google Sheets.
Unlimited downloads of my After Repaired Value Calculator
The ultimate cheat sheet for estimating the after repaired value of any house. The ARVC spreadsheet (works with Excel or Google Sheets) is simple to use. Automatically computes property value adjustments and market value.
Still not Convinced?
CONSIDER THIS: Construction cost estimating software can cost $600+ or have monthly subscription fees over $99, and be difficult if not impossible for anyone without 10 years experience in construction to use. Its often hard to find the repair you need because there are so many line items included (for repairs that you'll never have to worry about).
But you won't have to spend $100/month on a tool that will help you avoid overspending on a fixer upper property. For a single payment of $99, you get access to the Home Remodeling Cost Calculator that never expires - no recurring charges. You can estimate as many houses as you want and access the tool as often as you'd like.
If you earn $60,000 a year, your time is worth $29 per hour. If you save just 4 hour sthroughout the course of the entire month by using the Home Remodeling Cost Calculator instead of trying to figure out costs yourself.....you come out ahead. Its hard to imagine that anyone actively looking for properties wouldn't save at least 5-6 hours during an average month and more importantly protect themselves against taking a loss on a house or paying a contractor too much for a repair job.
Spend your time buying & selling houses - not fumbling through complicated software meant for contractor use or searching the internet for home remodeling costs.