Proud New Owner of a Pandemic Fixer-Upper? Here’s What Renovation Costs Run


Last week, we shared eight tips for buying a house during times of crisis. If you’re the type who views the historically low interest rates as an opportunity, you may be the proud new owner of a fixer-upper. And in that case, a remodel may be in your very near future. If so, a recent article offers some highlights about what average renovation costs will run you.  Basic Numbers First thing first — exact prices will depend on square

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San Francisco Remodeling Cost Vs. Value, 2015

  Even with San Francisco real estate prices at record highs and among the most expensive in the country, flipping properties is still both profitable and fairly common. Many properties that appear on the market as fixers over the past few years have returned and been resold as renovated (if not completely rebuilt) turn-key homes. Here’s a home in Noe Valley, purchased for $1,575,000 in 2012 that was flipped and sold in June 2015 for $7,000,000 (of course, well over

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