That's a fantastic question when looking at a complete rehab opportunity like this one! Since the property is described as a 'complete rehab,' you're essentially building sweat equity with every upgrade you make. Because this house is 2,016 sqft, and you're looking at high-end finishes, we need to estimate based on current market trends for luxury renovations in the Suitland, MD area. Keep in mind that estimates can vary wildly based on material choices and labor rates.
For a truly high-end, top-to-bottom renovation—think custom cabinetry, premium appliances, high-grade tile and hardwood throughout, and luxury bathroom suites—you should budget aggressively. A good rule of thumb for high-end finishes in this market segment often starts around $150 to $250 per square foot for extensive structural and mechanical upgrades alongside premium finishes. Given the 2,016 sqft living area, here’s a ballpark calculation to get your planning started:
| Home Size (sqft) | Low-End High-End Estimate | High-End High-End Estimate |
| :--- | :--- | :--- |
| 2,016 | $302,400 | $504,000 |
This estimate covers the interior transformation, but remember to factor in costs for potential exterior improvements, landscaping (especially since it's a corner lot!), and any unforeseen issues discovered during demo. Since financing might be tricky for a full rehab, having a solid contingency fund is crucial—I always advise earmarking at least 15-20% of the renovation budget for surprises!