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Rehab Cost Estimator

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West Virginia Rehab Cost Estimator

Estimate renovation costs by room and scope using West Virginia market context. The median home price in West Virginia is $249,000. Add rooms, choose the rehab level, and get an instant cost breakdown with contingency buffer.

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Project Details

Renovation Scope

Kitchen
$12,000
Primary Bathroom
$5,760
Living Room
$3,750
Primary Bedroom
$3,000

West Virginia Market Context

Avg Cap Rate

7.5%

Median Price

$249K

Property Tax

0.48%

Vacancy Rate

9.8%

Local Factors

  • -Among the most affordable states for investment entry but population is declining
  • -High vacancy rates reflect limited economic growth and outmigration
  • -Low insurance and property tax costs keep holding costs minimal

Sources

World Population Review – Median Home PriceFL Probate Law – Property Tax Rates (ACS Data)The Hartford – Insurance RatesiPropertyManagement – Vacancy RatesRentData.org – Fair Market Rent

Total Rehab Cost

$28,187

Light Rehab
Subtotal$24,510
Contingency (15%)$3,677
Cost / Sq Ft$41
Rehab % of ARV11.3%
Rooms / Systems4
TOTAL$28,187
Kitchen$12,000
Primary Bathroom$5,760
Living Room$3,750
Primary Bedroom$3,000
Contingency$3,677

What does this mean?

Rehab costs under 15% of ARV suggest a cosmetic project — paint, flooring, fixtures. These deals are lower risk and faster to execute, ideal for newer investors.

Cost by Room

Kitchen (Moderate)$12,000
Primary Bathroom (Moderate)$5,760
Living Room (Cosmetic)$3,750
Primary Bedroom (Cosmetic)$3,000

How to Estimate Rehab Costs

Accurate rehab budgeting is the difference between a profitable flip and a money pit. Start by walking the property room by room and categorizing each area into one of three rehab levels:

Cosmetic

Paint, flooring, fixtures, hardware. The bones are good — you're just updating the look. Typically $10–25/sqft.

Moderate

New cabinets, countertops, tile work, some drywall. May include partial systems updates. Typically $30–55/sqft.

Full Gut

Down to the studs. New layout, all new systems, structural changes. Typically $60–100+/sqft.

Always add contingency. 15% is standard for cosmetic rehabs, 20% for moderate, and 25%+ for gut jobs. You will find surprises — the question is how expensive they are.

Pro tip: Get contractor bids before finalizing your offer. This calculator gives you a ballpark for quick deal analysis, but a detailed scope of work with line-item bids is essential before closing.

Keep running the numbers

One calculator rarely tells the whole story.

Budget set for West Virginia. Now make sure the deal still works after rehab.

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