We have been looking off and on for a house near the beach. We just viewed a really lovely house in a fabulous location. The house was built in the '90s and has eifs for the exterior. There is definitely water damage under the eifs. The sellers have an estimate for the cost of removing the eifs and replacing it with vinyl.
I know that there is no way to know the true costs of repairs until the eifs is removed - but just as a ballpark idea - might repairs to the structure cost over $50K? Over $100K?
Is it likely that this would just be too deep a money pit?
you can use an app called contractor calc and it will give you all the prices that you need for the new house
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