Rehab Budget Calculator
Sum cosmetic / mid / heavy rehab line items + contingency.
Result
Rehab budget
$104,075
Subtotal $90,500 + 15% contingency.
- Sq footage1500 ft²
- Tier rate$45/ft² (mid)
- Base rehab$67,500
- Kitchen$12,000
- Bath$6,000
- Extras$5,000
- Subtotal$90,500
- Contingency$13,575
- Total budget$104,075
Step-by-step
- Base = 1500 × $45 = $67,500.
- Subtotal = base + kitchen + bath + extras = $90,500.
- Total = subtotal × (1 + 0.15) = $104,075.
How to use this calculator
- Enter sq footage and tier.
- Add kitchen, bath, extras separately.
- Hold 15-20% contingency.
About this calculator
Rehab budgets fall into three tiers. Cosmetic ($15-25/ft²): paint, flooring, light fixtures, hardware. Mid ($35-55/ft²): kitchen + bath remodels, some flooring, paint. Heavy gut ($80-150/ft²): walls down, new plumbing/electrical/HVAC, full kitchen/bath rebuilds. Old houses (pre-1980): always heavy due to lead/asbestos/knob-tube. Contingency is non-negotiable: 15% mid-tier, 20-25% gut.
Frequently asked
Kitchen and bath drive resale. Then exterior curb appeal. Bedrooms/halls are cheap upgrades. Don't over-improve mechanicals beyond functional.
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