Preparing your Scope of Work for your House Rehab in Pleasant Hill
February 3, 2021
Your scope of work relies heavily on your pre-rehab planning. This is where you detail the extent of the project for your contractors to see every major or minor renovation. To do this successfully, you need to go through your planning notes and list all renovations needed like demolitions, removals, floor installations, etc.
Below are some tips to help you prepare your scope of work for your house rehab in Pleasant Hill, without the costs or stress you may expect! Keep reading for more great tips!
- To budget more efficiently, prioritize each renovation as Need, Want, or Optional.
- Estimate the cost of each project. Remember, you can do away with optional ones, in case it goes beyond your budget.
- Detail everything that needs to be done for every single repair or renovation, down to the last fixture, faucet, or furniture. Also, look at possible materials you can reuse instead of buying new.
- Finalize your scope of work based on the cost estimation of each project. Remember to always budget for unanticipated problems.
Your final scope of work is what you will present to prospective contractors that will, in turn, bid on. Do not forget to compare your home value after renovations with those available in the neighborhood. If you sell higher than the going rate, buyers would shy away from your property.
— see article here: https://www.fortunebuilders.com/real-estate-rehab/
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