Renovation Budget Planner
See exactly where your renovation dollars go. Get a detailed budget breakdown by room, scope, and region.
Select a room above to see a detailed budget breakdown for your renovation.
How to Budget for a Renovation
The most common mistake in renovation budgeting is underestimating costs. Industry data shows that most homeowners exceed their initial budget by 10-20%, which is why every budget above includes a contingency line item.
Labor typically accounts for 25-35% of a mid-range renovation. Materials make up 30-40%. The remainder covers permits, design fees, fixtures, and unexpected issues that arise once walls are opened. In older homes, plan for a larger contingency.
Regional cost differences are significant. The same kitchen remodel that costs $35,000 in the Midwest might cost $50,000 in the Northeast or on the West Coast. Adjust your expectations based on local labor rates and material availability.
Plan Smarter with Visualization
Budget planning is easier when you can see the end result. ReVision AI helps you decide which renovation scope is right for your goals by showing you photorealistic previews of your actual room in different styles.
Check the ROI calculator to see how much value your renovation adds, or take the style quiz to find your design direction before you start planning.