($40k–$70k): Includes light rehab plus kitchen and bathroom updates (cabinets, countertops).

($80k+): A "gut job" often involving structural changes, new drywall, or complete system replacements (roof, siding, windows).

To decide if an offer is viable, categorize the level of repair needed to estimate costs based on square footage:

: Always add a 20% contingency fund to your total estimate to cover "hidden" issues found once walls are opened. 3. Strategic Financing for Fixer-Uppers

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