Since this 1,742 sqft home is gutted to the studs, it effectively requires a full interior reconstruction. To bring it to market-ready condition in Nashville, your scope of work will be substantial.
Estimated Renovation Scope
| Item | Description | Estimated Cost |
| :--- | :--- | :--- |
| Systems | Electrical, Plumbing, HVAC, Insulation | $45,000 - $60,000 |
| Structural/Walls | Drywall, Mud, Texture, Framing repairs | $20,000 - $28,000 |
| Finishes | Flooring, Interior Doors, Trim, Paint | $18,000 - $25,000 |
| Kitchen/Baths | Cabinets, Counters, Fixtures, Tile | $35,000 - $50,000 |
| Exterior/Misc | Minor siding/roof touchups, Permits | $10,000 - $15,000 |
Total Estimated Investment: $128,000 - $178,000
This estimate covers essential labor and mid-grade materials. Given that comparable homes in the area are selling for $427,000+, achieving a high-quality finish is crucial to maximizing your After Repair Value (ARV).
Focus on open-concept kitchen layouts and modern bath designs, as these offer the highest ROI in Nashville's current market. Because the home is already gutted, you save significantly on demolition costs, which helps your bottom line. Always pull professional permits to ensure your final product qualifies for conventional financing, which will be necessary for your future buyers.