Help me price this reno

Started by clsm

over 10 years ago

Posts: 21

Member since: Feb 2010

Discussion about

Thinking about making a bid on a 900 sq co-op that needs a total renovation. This would be a 2nd home - no need for top of the line - really low mid-range is OK. Knock down walls to reconfigure LR/DR to LR and 2nd bedroom New kitchen New bathroom (one) Probably new electrical and plumbing or at least some upgrading Skim coat and paint walls New hardwood floors I've read enough on here to know that the ballpark figure is $200 per sq. However, I've also seen $150/sq. I'd love to aim closer to $125. This would not include the cost of hiring an architect and permits, which I realize can add another 10-12%.

Response by jelj13

over 10 years ago

Posts: 821

Member since: Sep 2011

$150 per square foot is more like it in Manhattan.

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Response by snezanc

over 10 years ago

Posts: 121

Member since: Oct 2007

$200 a square foot ? $200 p/sq foot is what it costs to build, not to renovate.

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Response by clsm

over 10 years ago

Posts: 21

Member since: Feb 2010

snezanc - I wish you were right. However, this appears to be the going rate. YET I'm not sure what the end product of something like this really looks like. I've been in sponsor-renovated units that were fine. They weren't going to end up in Architectural Digest, but I don't want nor need that for this unit.

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Response by arielcon

over 10 years ago

Posts: 3

Member since: Oct 2013

Hi There, I am a licensed contractor in NYC.. I would love to come and provide you with a competitive quote and give you a better understanding of what you will be paying. Is there a number or email I can reach you on?

Help me price this reno

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