Cost to Prepare a Home Remodeling Budget

April 2024

In April 2024 the cost to Prepare a Home Remodeling Budget starts at $794 - $962 per project. Use our Cost Calculator for cost estimate examples customized to the location, size and options of your project.

To estimate costs for your project:

1. Set Project Zip Code Enter the Zip Code for the location where labor is hired and materials purchased.

2. Specify Project Size and Options Enter the number of "projects" required for the project.

3. Re-calculate Click the "Update" button.

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Unit Costs = Successful Projects

Homewyse uses the Unit Cost Method for up-to-date example estimates and custom estimates created with Homewyse Lists. The Unit Cost Method promotes clear communication, sets realistic expectations between the customer and service professional - and results in mutual trust, fair pricing and high customer satisfaction.

Cost to Prepare a Home Remodeling Budget - Notes and General Information

This example estimate is for BASIC work performed in easily serviceable conditions by qualified trade professionals, using popular, IN STOCK products, materials and supplies commonly available at home improvement retailers. Your actual costs will vary due to the unique situation, requirements and choices of your project. Work not mentioned on this page, work with schedule difficulty, and work using master craftsman, premium materials, custom built products and project supervision will result in HIGHER COSTS!

This example estimate is for educational and illustrative purposes - it is NOT a substitute for written quotes from trade professionals. Homewyse strongly recommends that you contact reputable professionals for accurate assessments of work required and costs for your project - before making any decisions or commitments.

The cost estimate includes:

• Costs for local material / equipment delivery to and service provider transportation to and from the job site.
• Costs to prepare the worksite for Home Remodeling Budget Preparation, including costs to protect existing structure(s), finishes, materials and components.
• Labor setup time, mobilization time and minimum hourly charges that are commonly included for small Home Remodeling Budget Preparation jobs.

The cost estimate does NOT include:

• Costs for removing, relocating, repairing, or modifying existing framing, surfacing (including molding), HVAC, electrical, and plumbing systems - or bringing any systems into compliance with current building codes.
• Costs for testing and remediation of hazardous materials (asbestos, lead, etc.).
• General contractor overhead and markup for organizing and supervising the Home Remodeling Budget Preparation. Add 13% to 22% to the total cost above if a general contractor will supervise this project.
• Sales tax on materials and supplies.
• Permit or inspection fees (or portion thereof) required by your local building department for your overall project.

References - Home Remodeling Budget Preparation

• Interior Graphic and Design Standards Watson-Guptill; 1st Edition. Edition, Oct 1986, S. Reznikoff, ISBN 823072983
• Space Planning Basics Wiley; 3 edition, May 2009, Mark Karlen, ISBN 470231785
• Interior Graphic Standards Wiley, Jan 2004, Maryrose McGowan, Kelsey Kruse, ISBN 471461962
• Residential Interior Design: A Guide to Planning Spaces Wiley, Jan 2007, Maureen Mitton, Courtney Nystuen, ISBN 471684732
• Project Spending Data: Harvard University JCHS Homeowner Expenditures Harvard University, Apr 2024, Website
• Labor Wages and Costs: Occupational Employment and Wage Statistics US Bureau of Labor Statistics, Apr 2024, Staff

Home Remodeling Budget Preparation Budget Management

This infographic highlights decisions and site issues that can cause large cost variances in the typical Home Remodeling Budget Preparation budget.

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