Renovation either commercial or residential is the process of improving broken or outdated structures and replacing them with the new and modern ones. The renovation budget template can be used to budget your renovation. You can keep track of the money you are spending and can compare with the budget you have set for this purpose.
5 Steps to Write a Renovation Budget
Step 1: Provide a Sequential List of All the Old Items to Be Reused
The renovation process includes both the buying of new items as well as reusing the old ones in a new manner. The renovation budget template should provide the details of all the items that can be reused or redesigned in the renovation process.
Step 2: Mention the List of New Items to Be Purchased
A systematic list of new items needed in the renovation and decoration process should be given in the template. It will give a clear picture of the process and will help to check if any important item is missing from the list. Also, it will help to analyze if any item is repeated or can be discarded.
Step 3: Don’t Fail to Include the Amount Available for the Renovation Process
It is necessary to see how much money is available to spend on the renovation process. The renovation budget template should show how much money is available in cash with the owner, how much amount is adjusted by taking a loan or by any other external sources.
Step 4: Amount of Money Spent On Different Processes Should Be Displayed
Clear estimation of the cost which would be spent on the renovation process like soil testing, doors, and windows, plastering, insulation, sewage, wall stability, etc should be displayed in the renovation budget template so that there is no confusion and shortage of money in future.
Step 5: Separate Estimation of Cost After Destruction Should Be Calculated
This is also one of the major parts of the renovation budget template. It is necessary to estimate the total cost which would likely be spent in cleaning, material removal, collection of the destructed material, discard of waste materials, dusting, etc.
13+ Renovation Budget Templates
Renovation Budget Template
Renovation is a process in which lots of money is required to be invested. So it is wise if you analyze the available amount you have to spend and the amount the renovation process demands. This budget sample describes the renovation budget, renovation expenses and will help you to calculate the balance amount.
Home Renovation Budget Template
Renovation is a lengthy as well as costly process. It is best to formulate a budget and get prepared completely before starting the process. This home budget sample template can help you with this. It is available in all file formats and can be redesigned as per your requirements.
Office Renovation Budget Template
Bathroom Renovation Budget Template
Hotel Renovation Budget Template
Kitchen Renovation Budget Template
Simple Renovation Budget Template
If you are planning to renovate your kitchen and need a proper budget template then this budget template in PDF will be your best choice. This template is fully customizable in various software and is available in A4 and US sizes. The template features a list of items, their quantity, estimated cost and the actual cost of those items.
Effective Renovation Budget Template
This remodel budget template is excellent if you are planning to renovate your hotel. It describes the items which will be required in different sections of a hotel like a restroom, corridor, guest room, etc. The total quantity of these items along with the available budget and their actual price is also mentioned.
Basic Renovation Budget Template
This simple budget template is well formatted and easy to use if you are looking for a budget template for your home renovation. It gives the details of the contractor as well as the project starting and end date. Total budget is calculated at the bottom of the template.
Renovation Budget Template Sample
This is a highly professional and impressive sample budget template which can be used effectively for the bathroom renovation process. It includes all the details of the items which will be used in the process. The estimated cost and actual cost along with the balance left is computed.
Renovation Budget Example
If you are looking for a unique kitchen renovation budget template then this home budget template is best for you it. It is very simple but it is unique as the budget is broken down in parts. All the assessments along with the percentage of the total budget that will be utilized is mentioned in the template.
Professional Renovation Budget Template
This renovation budget template is a highly professional template which can be utilized to calculate the budget for the home renovation. The whole template is divided into sections like electrical, heating and cooling, garage, interior, landscaping, etc which are further divided into subsections along with the estimated cost is mentioned.
Standard Renovation Budget Template
If you are looking for a construction budget template which uses your home’s value to determine the reasonable budget, which determines how your budget should be allocated, which understands the cost of goods versus labor, then your search ends on this template which contains all these features and makes it best to use.
Sample Renovation Budget Template
This sample simple budget template is specially designed for the renovation of a bathroom in a hospital. It includes the costing and quantity of basic material and finishes, plaster and gypsum boards, toilet and bath accessories, building services piping, etc. The total estimated cost is also given in the template.