Your contractor’s quote is not your renovation budget
Two people may both say “renovate this house” while imagining completely different work. One expects painting and tile changes. Another expects plumbing replacement, electrical work, ceilings, bathrooms and new finishes.
A useful budget starts with defining the work.
Without this tool
• The scope may remain vague.
• Different contractors can price different jobs.
• Finishes may be discussed too late.
• Unexpected work may have no planning allowance.
With Renovation Planner
✓ Define the rooms.
✓ Choose the depth of work.
✓ Choose the finish level.
✓ Consider location.
✓ Include contingency.
How to budget for a house renovation in Nigeria
1. Define what you want to change. Name the rooms and the work, before anyone gives you a total.
2. Separate repairs from upgrades. Fixing a leak is not the same job as changing the finishes.
3. Choose a finish level. Basic, mid-range or premium will not price the same.
4. Inspect the property. An existing house can hide problems that a guess will miss.
5. Check important material prices. Use Price Checker for materials that will move the budget.
6. Allow for contingency. Keep a reserve for reasonable surprises.
7. Compare contractors on the same scope. The Contractor Quote Comparison Tool is being built for this. Until then, ask each contractor to price the same written list.
8. Plan stage payments before work begins. Use the Milestone Payment Schedule Builder so money follows the work.
Why renovation costs can change after work starts
Renovations often involve existing buildings. Some problems stay hidden until work begins.
Examples include old plumbing, electrical problems, damaged finishes, hidden moisture, and changes requested by the owner.
That is why an early planner should be treated as budget direction, not a final quotation. A serious renovation should normally be inspected before the final price is agreed.