Rating Newest Oldest. Best Answer: The lowest price I've found in Southern California is $125.00 per square foot which is extremely reasonable. Most builders charge more than that. That price is for a 2000 square foot ranch style home with three bathrooms, and a three car garage.est Answer: The lowest price I've found in Southern California is $125.00 per square foot which is extremely reasonable.
Normally, the patching, painting, and floor work are repairs and the other expenses are permanent improvements. However, because the work gives your property a new use, the entire remodeling job is a permanent improvement and its cost is added to the basis of your property.
House improvements to rental properties are depreciated as a separate property You cannot deduct the cost of house improvements in your rental property but you can recover the cost of improvements by taking depreciation. If you improve or make additions to a rental property, you must treat the improvement or addition as a separate depreciable property.