How To Approach The Real Cost Of A Fixer-Upper

All very good points Winston... I would also add to check the properties that are comparable to the subject property in a normal condition, to establish a starting point for fair market value, and start deducting for repairs etc., 

Good Morning Winston - those are  very wise suggestions.  Most people see the glory of this from the shows on TV.  The reality sets in.

Good morning, Winston... I've found that most people totally underestimate what a fixer upper will cost them. And there are always surprises as you start the work that add to the cost and that has to be factored in as well.

Winston, a very god list. That said I'm with Gloria #1, the first and foremost thing is to decide a price range for the home when finished. With that done,one can use your list and work backward to determine an offer price!