PLANNING

How to Plan a Renovation Budget

A practical checklist before buying materials and hiring contractors.

A renovation estimate helps identify major expenses before work begins. Use the steps below for an initial estimate, then update it using actual measurements and current local prices. The final cost depends on the room’s condition, location, chosen materials, and complexity of the work.

1. Measure the room

Record the room’s length, width, and height. Measure windows, doors, and areas that do not need finishing separately. For complex shapes, divide the room into simpler sections.

2. Group expenses by category

3. Check material coverage rates

Material usage depends on the manufacturer, surface, and application method. Check the package instructions and do not assume one rate applies to every material.

4. Compare quotes

Compare not only the package price, but also coverage, usage rate, delivery, warranty, and return options for unused material. Ask contractors to clarify the scope of work and what is included in their price.

5. Recalculate before ordering

Update the estimate after checking actual dimensions, current prices, and delivery terms. The KiwiLab Renovation Calculator can help organize an initial estimate.

This calculator provides an estimate only. It does not replace an on-site inspection or a professional quote and may not account for hidden defects or every possible expense.

Before you start