Estimate Rehab Costs
What is Rehab Cost Estimation?
Plan and budget renovation projects with accurate cost estimates for maximum ROI
Exterior
Roof, siding, concrete
Interior
Flooring, paint, fixtures
Labor
Professional services
Estimates
Accurate cost planning
Why Accurate Rehab Estimates Matter
Prevent Cost Overruns
Detailed estimates help avoid budget surprises and project delays
Maximize ROI
Focus spending on improvements that add the most value
Secure Financing
Present professional estimates to lenders for renovation loans
Plan Timeline
Coordinate contractors and materials for efficient project management
Rehab Cost Breakdown Example
Avoid These Rehab Estimation Mistakes
Underestimating Costs
Missing hidden issues like electrical, plumbing, or structural problems
Over-Improving
Spending more on renovations than the neighborhood will support
No Contingency Fund
Not budgeting 10-20% extra for unexpected issues
Poor Planning
Starting without detailed scope and timeline
Professional Reports
Share with contractors and lenders
Detailed Breakdown
Separate labor and material costs
Input Control
Enter exact quotes and estimates
Cost Categories
Organize by interior and exterior work
Progress Tracking
Monitor completion and spending
Cost Per Sq Ft
Compare to market standards
Total Budget
Complete project cost
Cost Breakdown
Labor vs materials
Contingency
Emergency buffer
ROI Projection
Value added estimate