#301

When you’re thousands of miles away from your chosen investment patch, and you’re looking for a deal, one of the first things you’re going to have to do is to estimate the cost of bringing the property up to the standard of the value of the most expensive property on the street.

But how can you estimate the refurb cost from a video tour or even the photos alone?

Or how can you verify that the refurb costs you’ve been given by your builder or a sourcing agent are realistic?

They say there’s no substitute for viewing the property yourself. But perhaps there is? 

Tony Walker is a construction and property development consultant with a background spanning building merchants, contracting, and project delivery. 

Together with web developer Richard Devonport, he has co-founded Refurb Calculator

This is an episode you won't want to miss!

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We discuss:

• Estimating UK property refurb costs remotely
• Tools for UK property investors abroad
• Refurb calculator for UK property projects
• Importance of accurate UK property measurements
• Using floor plans for UK property analysis
• Verifying builder estimates on UK property refurbs
• Room by room UK property costing
• Risks of video tours in UK property investments
• Hidden costs in UK property refurbishments
• Free versus paid UK property calculators
• Selecting crucial measurements for UK property estimates
• Importance of mechanical and electrical systems in UK property
• Spotting strategic item placement in UK property video tours
• Dealing with UK property listings lacking photos
• Dangers of price per square meter in UK property
• How to use area data for UK property estimates
• Impact of regional costing differences in UK property
• AI in UK property refurb estimating
• Speed as an advantage in UK property deals
• Future developments in UK property estimating tools

Keywords

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