Renovating your home can become an expensive endeavor if you don’t plan for it properly. This is where sticking to a home renovation budget can be your saving grace, ensuring your project is not left half completed because you ran out of money.
Use a free renovation budget template Google Sheets spreadsheet to help you stick to the plan – and finish your home, residential, or commercial renovations in one go! If you want to revisit the basics of budgeting regarding your personal budget, there are free budget templates available for this, too.
1. Downloadable Home Renovation Budget Template
Designed by Smartsheet
The Downloadable Home Renovation Budget Template by Smartsheet is one of those Google Docs that you can download to help you adequately prepare for all types of home renovation expenses you’ll encounter en route to the completion of your project.
This easily viewable and editable spreadsheet is valuable for personal use if you want to adhere to a strict budget and timeline.
2. Kitchen Renovation Budget Template
Designed by Spreadsheet Daddy
The Kitchen Renovation Budget Template by Spreadsheet Daddy is a kitchen-specific budget created for planning any and all upgrades to your kitchen.
With this template, you’ll be able to note all the added extras you might come across during the kitchen renovation process to keep the margin between anticipated expenses and actual expenses as close as possible.
3. Bathroom Renovation Budget Template
Designed by Spreadsheet Daddy
Manage all the expenses associated with renovating a bathroom as precisely as possible with the Bathroom Renovation Budget Template by Spreadsheet Daddy.
Manage total expenses better by keeping unit costs close to your original budget with this free and practical spreadsheet template.
4. Hotel Renovation Budget Template
Designed by Ganttpro
The Hotel Renovation Budget Template by Ganttpro is distinctly comprehensive in ensuring that no expense goes unnoticed when renovating a hotel.
Prioritize tasks, schedule completion dates, and don’t miss a beat as you cover every avenue regarding budgeting for a hotel construction project.
You can also opt for a downloadable Microsoft Excel spreadsheet if you want the option of working on your budget when you’re offline, too.
5. Facility Renovation Budget Template
Designed by Spreadsheet Daddy
Keep on track with your budget concerning every room and its facility costs with the Facility Renovation Budget Template by Spreadsheet Daddy.
This free budget spreadsheet template covers everything from outlets to walls to windows, and every other available space to help you come on top budget-wise.
6. Rental Unit Renovation Budget Template
Designed by Service Seeking
If you are using multiple renting options to finish off your renovations project, the Rental Unit Renovations Budget Template by Service Seeking should do the trick in helping you monitor your rental unit costs so that you remember how much of your total financing is from borrowed funds.
7. Commercial Renovation Budget Template
Designed by Spreadsheet Daddy
The Commercial Renovation Budget Template by Spreadsheet Daddy helps make the costs of three key areas in the commercial renovation as clear as daylight by keeping them separate from one another.
With this Google Sheets template, you can make it a point to focus on costs associated with the materials, equipment, and labor independently and collectively as you strive to stay close to your predetermined budgeted amount.
8. Residential Renovation Budget Template
Designed by Leveset
The Residential Renovation Budget Template by Leveset performs well if your aim is to be as detailed and accurate as you can be when planning ahead financially for a residential build from the ground up (literally).
Take note to include key costs such as sales tax, soft costs, site costs, and building costs that could create a profit (or loss) type scenario. Rest assured that these are provided on the spreadsheet, so you don’t have to worry about mistakenly leaving these out.
9. Interior Renovation Budget Estimation Template
Designed by Spreadsheet Daddy
The Interior Renovation Budget Template by Spreadsheet Daddy is a helpful reminder to keep up with all the interior renovation costs that’ll make your project extra special when finished.
In this instance, every expense matters not only to your budget, but to how complete your interior renovation project will look in the end. You won’t underestimate costs with this accurate free budgeting template.
10. Office Renovation Budget Template
Designed by Spreadsheet Daddy
With the trend rising towards creating more appealing office spaces for staff, it’s hardly surprising that many small business owners are investing more in the appearance and functionality of their offices.
You can budget wisely for these expenses with the Office Renovation Budget Template by Spreadsheet Daddy, knowing that the costs for installing basic fixtures and other elements to create a sound office space are accounted for.
11. Laundry Renovation Budget Template
Designed by Spreadsheet Daddy
Budgeting for a laundry room renovation may not seem like such an important consideration, especially if it’s a small area within your or your client’s home.
However, renovating a laundry room can end up being a considerable expense if you take into account things like building plans, permits, off-site expenses, loan repayments, and electrical, plumbing, and HVAC work.
Over and above budgeting for a fully-functioning laundry room, there are also the ‘finishing touches’ one must think about to ensure that it is a pleasant place to frequent often. Stay on top of the most common renovation costs with the Laundry Renovation Budget Template by Spreadsheet Daddy.
FAQs
How do you assemble a renovation budget?
Renovation budgets include more than just the cost of fixtures. You’ll also have to factor in the cost of labor, raw material, and the delivery of materials to ensure all goes ahead as planned. Since there are many moving parts to a renovation budget, it is helpful to use budget templates like the ones above instead of making a new one yourself.
How do you manage a renovation budget?
Managing your renovation budget will involve sticking to your original plan as far as possible to avoid an out-of-pocket situation. Making provision for unexpected costs can also assist here, so you’re not caught off guard with additional expenses later on. Most of all, take your time and scrutinize your budget so that you can track money spent every step of the way.
