Take a guess on how much it will cost to fix it up and how much time it will take . Then double those numbers and you will be about right . If it was only about money , it would be cheaper to buy one already fixed up . If you fix it yourself , when there is a problem , you will know right where to look for the solution . I'm pretty much done with mine , I have had it for 12 years and recently replaced the bed wood , about $400 for bed materials and 5 days labor . I recently updated the insurance value from $10,000 to $11,000 as that is what I have into it . The additional insurance was only another $7 a year .