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Rehab Cost Estimator

Before a contractor walks the house, you still need a repair number honest enough to offer on. This estimator uses the same per-square-foot tiers printed on our Rehab Cost Cheat Sheet — the tiers we estimate our own deals with — and returns a range, not a fantasy point estimate.

$
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Advanced — closing, holding & deal costs
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Planning Estimate
$30,000
At the tier's standard rate. Offer on the range, celebrate if it lands low.
Low end of range$22,500
High end of range$37,500
Planning number + contingency$33,000
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Written by Alberto Molina · Numbers checked by Kyle SowellLast updated: October 2026How we run the numbers →

Walkthrough — a real example, run through this tool

The cheat sheet's own worked example. A 1,500 sq ft house needing a standard rehab: the standard tier runs $15–25 per square foot, so the range is $22,500–$37,500. The planning number uses the tier's standard rate of $20: 1,500 × $20 = $30,000. Add the 10% contingency and you underwrite to $33,000. Run the range, not the dream: offer on the top of the range, celebrate if it lands at the bottom.

Walk order matters more than tier math: roof first, then HVAC, foundation, electrical and plumbing — the systems hiding in the walls — and kitchens, baths, and cosmetics last. A standard-tier house with a dead roof is not a standard-tier house.

How to use this calculator

Step 1. Enter the Home Size in square feet.

Step 2. Pick the Rehab Tier that honestly matches the scope: Light (paint, floors, fixtures), Standard (kitchen/bath updates), Major (full remodels, system upgrades), or Full Gut (strip to studs).

Step 3. Open Advanced to set a contingency buffer — 10% is our floor; older houses earn more.

Step 4. Use the range when you talk to sellers and the planning number with contingency when you run the 70% rule or flip math.

The numbers behind it

Low = Square Feet × Tier Low. Planning = Square Feet × Tier Standard Rate. High = Square Feet × Tier High. With Contingency = Planning × (1 + Contingency%).

The tiers are Wise Revival's own estimating tiers, from our Rehab Cost Cheat Sheet: Light $5–10/sq ft (standard rate $7.50), Standard $15–25 (standard rate $20), Major $30–50 (standard rate $40), Full Gut $60–80 (standard rate $70). Your market and your contractor will move these — the ranges keep you honest at offer time, before anyone walks the property.

Explanation of terminology

Rehab tiers. The four scope levels — light, standard, major, full gut — each priced per square foot. Full definition →
Holding costs. What each month of the rehab costs you beyond the work itself. Full definition →
ARV. The after-repair value your renovated house must reach for the rehab to pay. Full definition →
Comp. A comparable sale — how you prove that ARV instead of hoping for it. Full definition →

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Frequently asked questions

Why a range instead of one number?

Because one number before a walkthrough is a guess wearing a suit. The range is the honest output of a per-square-foot method; it narrows when a contractor walks the house.

Which tier is a typical tired rental?

Usually Standard if the systems work — kitchen and bath updates, flooring, paint. If the roof, HVAC, or foundation is gone, you are in Major territory no matter how the kitchen looks.

Do these tiers include holding costs?

No. They price the work only. Holding costs live in the Flip Profit Calculator and the 70% rule's 30%.

Should I ever use the low end to make an offer?

That is how budgets die. Offer on the high end of the range; if the job lands lower, the deal gets better — that is the only direction a surprise should run.

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