Renovation Cost Calculator

Already have a budget? Need to create one?

Either way, our renovation cost calculator can help. Setting budget expectations is important to the success of any remodeling or new construction project. Plus, having a better understanding of your budget will give you a better understanding of your return on investment, which can be around 50%.

We've developed a simple and easy tool that will walk you through the different cost impacts, plus a guide on how a typical budget allocates costs among different areas. You can also print, save or share your budget outline.

Room and Budget

Room to Renovate:

The return on investment (ROI) for a kitchen renovation can vary greatly. According to the 2020 Cost vs. Value report by Remodeling Magazine, the average ROI for a moderate kitchen remodel is 78%. You should consider your local housing market to help determine potential ROI.

My Renovation Budget Is:

Enter

Budget Estimator: The value of my home is

Enter

% 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.

Your Budget Is:

Breakdown of Budget Allocation

Summary

Your Total Renovation Budget Is:
Your Cabinet Renovation Budget Is:
Your Revised Estimated Home Value Is:

*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.