Free Rehab Cost Calculator

Estimate total renovation costs for a real estate project by entering costs for major categories plus a contingency buffer.

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Total Rehab Budget

$49,450

Base Cost (before contingency)$43,000
Contingency Reserve$6,450
Cost Per Square Foot$32.97
Kitchen as % of Total34.9%

Total Rehab Budget vs Kitchen Renovation

Estimating Rehab Costs

Accurate rehab estimates are critical for house flipping, BRRRR investing, and renovation projects. Underestimating costs is the most common reason flips lose money.

Major Cost Categories

  • Kitchen: Typically the most expensive room ($10,000-$40,000)
  • Bathrooms: $5,000-$20,000 per bathroom
  • Flooring: $3-$12 per square foot installed
  • Paint: $2-$5 per square foot (interior and exterior)
  • Roof: $5,000-$15,000 for full replacement
  • HVAC: $3,000-$8,000 for new system
  • Budgeting Tips

  • Always include a 10-20% contingency for surprises
  • Get at least 3 contractor bids for large jobs
  • Permits can add 10-15% to specific trade costs
  • Factor in dumpster rental, storage, and staging
  • Example Calculation

    A 1,500 sqft home needing kitchen ($15K), bathrooms ($10K), flooring ($5K), paint ($4K), plumbing ($2K), electrical ($1.5K), landscaping ($2.5K), other ($3K). 15% contingency.

    1. 01Kitchen: $15,000
    2. 02Bathrooms: $10,000
    3. 03Flooring: $5,000
    4. 04Painting: $4,000
    5. 05Plumbing: $2,000
    6. 06Electrical: $1,500
    7. 07Landscaping: $2,500
    8. 08Other: $3,000
    9. 09Base total: $43,000
    10. 10Contingency (15%): $43,000 x 15% = $6,450
    11. 11Total rehab budget: $43,000 + $6,450 = $49,450
    12. 12Cost per sqft: $49,450 / 1,500 = $32.97/sqft

    Frequently Asked Questions

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