House Flip Cost Estimator

Renovation budgeting & deal analysis · Friendswood, TX area
Renovation Total
$0
Projected Profit
$0

Property Details

Enter the house you are evaluating. The moment you set the living area, the square-footage line items (paint, roof, LVP flooring, baseboards) and the resale value fill in automatically.
Enter the property ZIP code to auto-set the resale value for the Deal Analyzer.
Quantities tied to home size (interior & exterior paint, roof, LVP flooring, baseboards) auto-fill from the living area above — edit any of them and your number sticks. Check each item that needs work, set the finish level, and costs update instantly. Every unit price is editable on the Price Book tab.

Contingency

A buffer for surprises — 10–20% is typical on flips. Applied to the renovation subtotal.

Cost Breakdown

Every selected line item, split into materials and labor. Soft costs (permits, dumpster, cleaning, staging) are shown separately.
Materials Labor Soft costs
ItemQtyMaterialsLaborSoftTotal
The renovation total below flows in automatically from your scope selections, and the resale value per sq ft is set from the property ZIP code — enter it on the Property & Scope tab. These are area benchmarks (May 2026); always adjust to match your specific comps.

Deal Inputs

What you pay and what you expect to sell for.

Deal Summary

Estimated outcome for this flip.
After-repair value (resale)$0
Purchase price$0
Buying / closing costs$0
Renovation budget$0
Holding costs$0
Selling costs$0
Total project cost$0
Projected Profit
$0
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The 70% rule: many flippers cap their purchase price at 70% of resale value minus renovation cost.
These are starting unit costs (labor + materials) based on 2026 national data. Edit any number to match quotes from your own crews and suppliers — changes flow straight into every estimate. Lump-sum items (drywall, siding, landscaping, permits, etc.) are edited directly in the scope list.

Unit Price Book

Per-unit materials and labor cost for each finish option.

Friendswood, TX Market Snapshot May 2026

Use these figures to sanity-check your purchase price and resale assumptions. Pull live comps before committing to any deal — these are area averages, not a specific street.

  • Median home value: ~$433,000 (Zillow), up ~3% year over year.
  • Median sale / list price: roughly $435,000–$525,000 depending on the data source and month.
  • Price per square foot: ~$168 median sold (Redfin) up to ~$196 median list (Zillow). A fully renovated flip typically sells toward the top of that range, ~$200–$215 / sq ft.
  • Typical home size: most Friendswood single-family homes run 2,000–3,000 sq ft.
  • Days on market: ~85 days recently — a slower market than a year ago, so budget holding costs generously.

Typical finishes in the area

For a home that shows well against Friendswood comps, buyers in this price band generally expect:

  • Countertops: granite or quartz in the kitchen. Granite installs around $40–$70/sq ft for entry-to-mid grade; quartz runs a bit higher. Laminate reads as dated above ~$350k.
  • Kitchen: average kitchen is ~150–225 sq ft. Plan on roughly 18–22 linear feet of cabinets and 40–50 sq ft of countertop for a standard layout. Shaker-style stock or RTA cabinets in white or a stained tone are the safe flip choice.
  • Bathrooms: stock vanities with a cultured-marble or quartz top. Secondary baths often use a prefab tub/shower surround ($600–$2,000 installed); the primary bath benefits from a tiled walk-in shower ($5,000–$10,000+) to compete at the top of the market.
  • Flooring: luxury vinyl plank through main living areas is the modern flip standard — durable, water-resistant, and it photographs well. Carpet is now mostly limited to bedrooms.

Flooring cost — carpet vs. vinyl plank

  • Carpet: ~$2–$8 / sq ft installed. This tool defaults to ~$3.50.
  • Luxury vinyl plank: ~$4–$10 / sq ft installed. This tool defaults to ~$5.50 standard, ~$7.75 premium.
  • Tile: ~$12–$25 / sq ft installed for ceramic/porcelain — labor-heavy.

How the estimate works

Each checked line item is quantity × unit cost, with the unit cost split into materials and labor. Lump-sum items let you type a dollar figure directly. The renovation subtotal gets a contingency buffer (default 15%), and the grand total feeds the Deal Analyzer. Every price is editable in the Price Book, so the tool gets sharper as you collect real contractor quotes.

Data sources

Market & cost figures compiled May 2026 from: Zillow, Redfin & Movoto (Friendswood market data); HomeGuide, Angi, Fixr, This Old House & Homewyse (2026 renovation cost guides for flooring, countertops, cabinets, bath remodels, roofing, HVAC, electrical, plumbing, windows, painting and exterior work). All costs are national-average ranges — verify locally.