I'm looking at very cheap duplexes and trying to decide if renovating is too expensive. What I would really like is 100% function, good energy efficiency, and decent sound deadening in a property, something fixed in a correct and enduring way. Since half of a plumber or electrician's job is trying not to mess up the drywall, I'm thinking I can get a better deal if the walls are knocked down and the workers can do everything at once. 4 beds 2 baths 2 kitchens, about 1500 sq ft. How are these repair estimates?
Add HVAC ducting and heat pump - $5000, probably no diy option
Replace any iron supply plumbing with PEX, 2 new water heaters, toilets ,and showers - $3000, mostly diy with room for consultations and inspections.
Upgrade power boards, replace 12-16 outlets/switches, add 2-4 overhead fixtures, wiring as neccessary - $2000
Insulation and drywall - great insulation, repair previous damage and a soundproofed dividing wall - $4000
Double-pane vinyl windows (6-10) - $2000, DIY
Kitchens - add hood vent, dishwasher, cheap/used range, simple shelves and drawers - $4000
Finishing/painting - $800, DIY
Flooring - as much carpet as possible then some kind of floating laminate for the rest - $2500
The real question is, can $20-$25k transform a house if there aren't structural problems?