Remodel Cost Calculator

Build a room-by-room remodel budget — general finishes by the square foot, plus the big-ticket rooms and systems — then see whether it pays for itself in rent or resale value.

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General finishes (by the square foot)

covers the broad work — drywall, paint, flooring, general labor across the remodeled area. Leave big rooms/systems for the line items below so you don't double-count.

Major rooms & systems

Type a label and a cost. Add as many rows as you like — kitchen, baths, roof, HVAC, windows, landscaping, accessory unit, anything. Set a row to $0 (or delete it) if your $/sq ft already includes it.

Labor, permits & contingency

A 10–20% contingency is standard — remodels almost always surface surprises once walls open up.

Does it pencil? (optional)

Enter what the remodel would add. We'll show the payback in rent and whether it adds more value than it costs.

Total remodel cost

All-in budget

Where the money goes

ItemCostShare

Cost benchmarks

Blended cost / sq ft
total ÷ remodel area
Contingency cushion
held for surprises

Does it pay off?

Gross rent payback
yrs of added rent (before costs) to recoup
Rent-on-cost
added annual rent ÷ cost
Value added vs cost
resale value ÷ cost
Net value created
value added − cost