Whether you’re a flipper, landlord, or wholesaler, knowing your numbers is everything.
Which is why most housing providers estimate repairs before a project, track their numbers through the project, and then review them after the fact to see where they went wrong. That way for they will have a better estimate for the next project.
But what if You Are New
But what if you are new and don’t have an actual project to review. We highly recommend calling around to contractors, which helps you grow your contractor network. We also suggest spending a day from time to time at the Home Depot or on their website writing down costs.
Here at MAREI we have one more resource for you.
Premium Deal Analysis Tools
The provider of MAREIMember.com, Mike Jacka with Real Estate Promo is the leader at MNREIA and a real estate investor who does all the same real estate things that you do and he has created tools that he offers to his members and we offer to ours here at MAREI.
The free websites that our members get from him are a great way to get your properties in front of the MAREI buyer list, the premium websites do a bit more as you can customize them and so so much more with them . . . but for the newbie investor, the property analyzer tools he has are quite helpful. Watch the MAREI calendar to see when he will next be doing a demo of these tools to see how they can help you with the Repair Estimate Worksheet, the Scope of Work Worksheet, the Seller Net Sheet, the Offer Generator Wizard, and the Letter of Intent Generator.
The Latest Numbers
Every month, Property Analyzer users receive updated estimates based on national averages—and if you’re in Missouri or Kansas, we’ve got you covered with state-level repair cost estimates already built in.
This keeps you in the loop as prices shift due to inflation, supply chain issues, or seasonal changes. Here’s a quick look at the latest numbers:
📊 July Repair Cost Comparison – Missouri/Kansas vs. National Averages
| Category | Item | Missouri/Kansas | National Avg | Unit / Description |
|---|---|---|---|---|
| Exterior | Roof | $397.48 | $377.70 | Per Square (10’x10′) |
| Windows | $409.05 | $411.88 | Per Window | |
| Doors | $457.05 | $430.95 | Per Door | |
| Patio Doors | $913.76 | $885.76 | Per Patio Door | |
| Exterior Paint | $4.25 | $4.45 | Per Finished Sq Ft | |
| Siding | $6.55 | $6.26 | Per Finished Sq Ft | |
| Driveway | $5,212.02 | $5,122.32 | Per Small Driveway | |
| Garage | Roof | $397.48 | $377.70 | Per Square (10’x10′) |
| Paint | $4.25 | $4.45 | Per Sq Ft (approx. 300 sq ft/stall) | |
| Siding | $6.55 | $6.26 | Per Sq Ft (approx. 300 sq ft/stall) | |
| Garage Doors | $797.04 | $770.56 | Per # of Stalls | |
| Service Door | $379.21 | $352.28 | Per Door | |
| Interior | Interior Paint | $3.58 | $3.79 | Per Finished Sq Ft |
| Interior Doors | $154.10 | $157.15 | Per Door | |
| Flooring | $5.49 | $5.78 | Per Finished Sq Ft | |
| Kitchen Remodel | $7,333.18 | $7,684.74 | Per Kitchen & Appliances (1,200–1,500 sq ft house) | |
| Bathroom Remodel | $4,463.34 | $4,219.26 | Per Bathroom | |
| Electrical Panel | $2,239.44 | $2,365.89 | Per Electrical Panel | |
| Electrical Wiring | $3,611.49 | $3,429.69 | Per Property | |
| HVAC – Heat | $3,789.46 | $3,817.40 | Per HVAC Unit (1,200–1,500 sq ft house) | |
| HVAC – A/C | $3,137.12 | $3,227.93 | Per A/C Unit (1,200–1,500 sq ft house) | |
| Water Heater | $944.63 | $932.31 | Per Water Heater | |
| Other | Miscellaneous Items | 24% | 23.91% | % of Total Rehab Budget |
| MAO Formula | 71% | 74.40% | % of ARV used in Max Allowable Offer |
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