Owner indicated house needed some cosmetic repairs estimated at $4000 and was in order to sell for $50,000. Comps looked for instance home might be worth $106,000 after problems. Good deal right? Let's begin running the amounts. The repairs reported by the owner were for materials only and were clearly with the low ending. When estimating repairs a good suggestion is estimate the materials then multiply by additional. That is, materials usually only represent 33% of the total repair costs and labor represents 66%. Clearly this is merely a general rule of thumb and each one project will change significantly. That means the repairs for this property were going to run between $10,000 Building Contractors and Construction Services Estimate Template $12,000. Not having seen house myself, many . just a conservative rough estimate.
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