Scott Matthews on How to Calculate Renovation Costs

Master the art of budgeting and cost estimation to optimize your property rehabilitation projects and maximize returns on investment.

Scott Matthews, Managing Partner of Kodiak, takes us through a detailed guide on how to accurately calculate renovation costs.

Scott stresses the importance of careful planning and research to ensure a realistic and comprehensive budget. He discusses the various factors that can affect costs, including labor, materials, permits, and potential unforeseen issues that may arise during the project. Breaking down the renovation into manageable components helps to create a more precise estimate. By recommending the inclusion of contingency funds, Scott provides valuable insights on how to avoid budget overruns and stay on track. His advice reflects Kodiak’s commitment to equipping clients with the knowledge and tools they need for successful real estate investments.

Check out the full video here!