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Latest / BiggerPockets Real Estate Podcast

The Simple Formula to Estimate Renovation Costs (2025 Numbers)

Your agent just sent you a killer real estate deal with enormous upside, but it needs a bit of work. Here’s exactly how to estimate renovation costs, so you know you’re buying a property with a juicy margin instead of one that will just break even. Whether you’re renovating a rental property, planning to refinance after the rehab with the BRRRR method, or flipping a house for some quick cash, we’ll give you the formula to run your renovation numbers FAST.

We’re back with real estate investor questions from the BiggerPockets Forums. First up: how to estimate rehab costs on a distressed…

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