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-   -   Any idea on cost? (http://www.diychatroom.com/f18/any-idea-cost-791/)

HilleMary 07-09-2005 05:27 PM

Any idea on cost?
 
I have 60 amp service - small house (2 beds, 1 bath, basement, 936 sq ft) and the attic which is unfinished has plug & tube wiring.

I'm selling my house and would like someone to give me a clue about the cost of updating the electrical. I don't mean a close estimate - I know you can't do that without actually coming here and viewing it.

I mean, would it be a $200 job or a $20,000 job? I really have *no* clue and would like to have an idea before Monday.

Thanks if anyone can help with some guidance, I'd SURE appreciate it! :)

Speedy Petey 07-09-2005 09:26 PM

I'd say around $2000-$2500 to rewire and another $1000-$1400 for the service.
A LOT depends on location. In California you can alomost double those figures. They would be pretty close in most areas I'd say.

Are you thinking of using this as a selling point, or are you doing it because some $#%*$ home inspector is strong arming you into it?

Speedy Petey 07-09-2005 09:29 PM

I just saw your other post.
Let the buyer do what he wants after he buys. I'd feel much better as a buyer knowing I had the job done the way I wanted, rather than a seller just doing the minimum to get it done (which is to be expected).

HilleMary 07-09-2005 09:31 PM

I would agree except
 
Quote:

Originally Posted by Speedy Petey
I just saw your other post.
Let the buyer do what he wants after he buys. I'd feel much better as a buyer knowing I had the job done the way I wanted, rather than a seller just doing the minimum to get it done (which is to be expected).

I can't afford to have this buyer walk! My son starts kindergarten this fall and I'm running out of time to get into a better school district. Only thing is, I've already taken $7,500 off the asking price. Ugh.

Don't know what he'll want, but the prices you mentioned are way out of my ballpark.

Thanks for the help - I *really* appreciate being given a clue :)

Speedy Petey 07-09-2005 09:52 PM

If that $7500 reflects the electrical issues it is more than generous for a house that small.
Where is the house located?

HilleMary 07-10-2005 07:26 AM

Quote:

Originally Posted by Speedy Petey
If that $7500 reflects the electrical issues it is more than generous for a house that small.
Where is the house located?

It's in Northwestern Ohio. Needs a roof, too, but we priced it under $70,000 to begin with and it's beautiful inside, just on the small side.

Thanks again for the help!

Speedy Petey 07-10-2005 10:15 AM

WOW! In today's real estate market I would thing anything under $100k would sell itself.

jbfan 07-10-2005 07:35 PM

I had a lady selling her house and the buyers home inspector stated the outside meter and disconnect needed to be replaced. I went and checked it out and the only thing that was remotely wrong with it was it was rusted. Gave her a price and she looked at me like a deer in the headlights. She said no way was she spending that kind of money for something that wasn't broke. Buyer never asked another question after that and she sold the house.
Is the market for real estate that depressed in your area that someone will haggle on a $70 k house?

HilleMary 07-10-2005 07:51 PM

Quote:

Originally Posted by jbfan
Is the market for real estate that depressed in your area that someone will haggle on a $70 k house?

Actually, there are so many houses on the market right now that it's hard to choose. They have lots of options.

plumguy 07-10-2005 08:28 PM

Quote:

Originally Posted by HilleMary
I have 60 amp service - small house (2 beds, 1 bath, basement, 936 sq ft) and the attic which is unfinished has plug & tube wiring.

I'm selling my house and would like someone to give me a clue about the cost of updating the electrical. I don't mean a close estimate - I know you can't do that without actually coming here and viewing it.

I mean, would it be a $200 job or a $20,000 job? I really have *no* clue and would like to have an idea before Monday.

Thanks if anyone can help with some guidance, I'd SURE appreciate it! http://www.diychatroom.com/images/smilies/smile.gif


My stab in the dark would be $1000.00 to $1500.00.


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