[quote=bearishgurl]I WAS good at “eyeballing” the cost of major renovations at one time but the stakes are higher now. For example, buyers today “expect” double-paned vinyl windows, granite, a convection oven and flooring throughout (instead of carpeting, which is generally easier and cheaper to install).
I’m uncertain that these flippers made a “lot of $$” unless they are licensed contractors who got the mat’ls at VERY deep discounts. They obviously had a VERY motivated, efficient and competent crew, which they obviously paid.[/quote]
Right now, contractors are scrambling for work, so the home owner – upgrader is in the drivers seat (for now). They did replace the windows.. I don’t know if they did all of them. It looks like the replacement windows are dual pane vinyl. The old ones were those aluminum frame single pane things. I am curious how they handled the shower that looked like it was leaking at its base. Looks almost like they closed off the far side and made it a large ‘alcove’ shower. The only bad thing that I can think of is that they removed the gutters that were over the doorway and garage. One rain and the new owners will want them there.
I suspect the purpose of the price is to start a ‘bidding war’. I think it is a little too early to do that, though that is a higher priced neighborhood. RE still has to find its legs. Definitely a lot of work in that fixup though. It is also nice that they kept that tree in the backyard. Too many flippers remove large trees.
