Foreclosure Remodeling Costs

Check out our sample foreclosure remodeling costs on projects completed by Inpros in South Florida.

SAMPLE REMODELING COSTS vs. VALUE

 

City

 

Value in 2010

 

Acquired by Investor

 

Contract Cost

 

Scope of Work

 

Property Appraisal

Boca Raton

 

NE   Harbor Drive

$1,249,231

12/2011 for $1,165,200

$4080.00

Exterior   Paint, Clean up, Fence, Sliding Doors, Garage Door, Tile, Smoke Detector,   Kitchen Fixtures, Bathroom Fixtures, Install Appliances

Not Sold

Fort Lauderdale

North   Birch Road

 

 

NE   9 Street

 

 

NW 3 Terrace

$78,300

12/19/11 for $83,100

$1,848.90

 

Plumbing, HVAC, appliances

Sold 3/28/12   $106,000

$435,800

12/20/11 for $287,900

$5,428.10

Exterior, Garage Door, Kitchen Fixtures, Bathroom Fixtures,   Smoke Detectors

Sold 4/30/12   $334,000

$62,230

12/19/11 for $68,900

$6,877.25

Exterior, Garage Door, Tile, Electrical Outlets, Kitchen Fixtures,   Bathroom Fixtures

Sold 5/8/12   $98,000

Lake Worth

 

Bertha   Street

$123,609

12/2011 for $64,700

$15,724.95

 

Demolition Exterior  &   Interior, Fencing, Garage Door, Tile, Kitchen Fixtures, Bathroom Fixtures

Sold 6/4/12   $85,000

Plantation

NW   106 Terrace

$202,370

12/20/11 for $130,000

$7,393.00

 

Plumbing, HVAC, Kitchen Appliances

Sold 6/22/12   $220,000

Wellington

Cyprus   Green Circle

$323,413

12/2011 for $286,800

$15,589.00

Remove all Furnishings, Exterior, Garage Door, Tile, Electrical   Fixtures, Kitchen Fixtures, Bathroom Fixtures

Not Sold

Weston

Lakeview   Drive

$73,420

12/20/11 for $69,700

$5,352.75

 

Exterior, Garage, Drywall, Tile, Plumbing Fixtures

Sold 3/22/12   $115,000