Plan Your Renovation Budget
Saved Projects
Making Your Budget Work
This calculator uses contractor pricing data from 2024-2026. Material costs include standard finishes. Labor rates assume licensed professionals where required.
Common Budget Mistakes
- Underestimating demolition and disposal costs
- Forgetting permit requirements (typically $100-$500)
- Not accounting for unexpected structural issues
- Overspending on premium materials early in the project
Contingency Planning
We recommend 15% contingency for standard projects. Increase to 25% for older homes or complex renovations. Set aside 10% for unexpected discoveries like water damage or outdated wiring.
Getting Started
Start with realistic measurements. Include all areas affected by the renovation. Factor in storage solutions and temporary living arrangements if walls are coming down. Compare at least three contractor quotes before signing.