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Category: Big Deals Current Grade: A- Total Views: 479 Member Comments: 0 |
Posted on: 01/26/2008 Posted by: Le Blog Points: 67 View all blogs >> |
Hello Everyone! Sorry not really sure which category this falls under but its a BIG DEAL to me so I'm putting it here.
In an effort to increase my REI karma, I'm going to share a tip I learned today from the REI meeting that I just remembered. She gave us a quick and easy formula to figuring out repair costs. Said that it's pretty spot on every single time give or take $1K. Here it is:
No. of items needing repair * sq. ft. = total repair cost
So for example, a 1500 sq. ft. house needs new AC, and roof, and paint:
3 * 1500 = $4500 repair costs
And for a really, really crappy house, same formula plus $3K.
Same house but really, really crappy = $7500
Pretty cool, huh?
