Setting budget expectations is important to the success of any remodeling or new construction project. Whether you already have a budget or need to create one, our Budget Calculator can help! We’ve developed a simple and easy-to-use tool that will walk you through the different cost impacts and show you a breakdown of how the budget can be allocated among different areas of your project – including cabinetry, countertops, flooring, lighting, appliances, and more. Knowing this breakdown gives you a good idea of the budget to stay within as you make decisions for your project.
Room and Budget
2. Set Your Budget (Choose One)
% of Home Value for Renovation
Make a Smart Investment
Your investment will depend on your project goals and the materials you use. However, it is not recommended that your project exceed 50% of your home's total value.
Breakdown of Budget Allocation % of Budget
*Information based on:
"2020 Cost vs. Value Report." Remodeling.hw.net, US 2015-2020 National Averages.
"Learn How Much It Costs to Remodel a Kitchen." HomeAdvisor, 16 Apr. 2020.
"Learn How Much It Costs to Remodel a Bathroom." HomeAdvisor, 16 Apr. 2020.
"Learn About the Cost of Projects in the Home Office Category." HomeAdvisor.