BTHE BARATELLI INSTITUTE · Mentoring at Scale
FOR HOMEOWNERS · LANDLORDS · FIX-AND-FLIP OPERATORS · DIY-CURIOUS

Most renovation quotes live in a black box. This one shows the math.

Materials, labor, permits, and contingency — broken out by project type, scope tier, regional cost-of-construction (a kitchen in San Francisco costs 2.5x the same kitchen in Tupelo), and the age of your house (1880s brick has surprises 2000s construction doesn't). Built by an operator who rehabs houses at $35K all-in — not a lead-generation funnel that sells your contact information to three contractors.

Materials
$/sq ft + fixtures
Labor
Regional rates
Permits
+30-60 day timeline
Contingency
10-20% by home age
YOUR PROJECT
1
Project basics
2
Scope & tier
3
Region & home age
4
Permits & financing
5
Results
STAGE 1 OF 5

Project basics

Defaults are a mid-grade kitchen remodel in a 1950s ranch in the Midwest — roughly what Phil rehabs in WV/OH/MS/IN.

The biggest swing factor in all of this. A kitchen at $35K mid-grade is the same scope as a roof at $12K asphalt — very different work, very different math.
Used for context only — doesn't drive cost directly, but a $80K kitchen in a 1,400 sq ft house is a math problem.
Footprint of the renovation area. Kitchen: typical 150-300 sq ft. Bath: 35-100. Roof/siding: use home footprint area, not just floor area.
For the "don't $80K a $250K house" cross-check. Estimate current as-is value.
$
What this tool actually measures. A practitioner-grade estimate — materials at retail-with-builder-discount, labor at regional union-or-non-union rates, permits where they actually apply, and contingency calibrated to the age of the house. You'll get a range, not a single number, because anyone giving you a single number is selling you something. Get 3 written bids and compare them to this range.
STAGE 2 OF 5

Scope tier & finishes

The biggest decision in any renovation — tier drives 60% of the cost variance. Mid-grade replacement is the default; the others either save you serious money (DIY-cosmetic) or empty your savings (high-end gut).

DIY-cosmetic: paint, hardware, light fixtures, refacing — you do most of it. Mid-grade replacement: contractor + stock materials (Phil's tier). High-end gut rehab: structural, designer finishes, full crew.
% of labor you'll actually do yourself. Be honest. Painting and demo are easy. Tile, plumbing, electrical are not. Most "DIY remodels" go 30% DIY at best.
%
Sub-scope (project-specific)
1 = builder-grade big-box. 3 = mid-grade stock with one upgrade. 5 = designer / custom / imported. Drives materials cost dramatically.
STAGE 3 OF 5

Region & home age

The same kitchen costs roughly 2.5x more in San Francisco than in Tupelo. Older homes hide structural and code surprises — lead paint, knob-and-tube wiring, galvanized pipe, asbestos tile. Both matter.

HCOL coastal = SF/NYC/LA/Boston/Seattle. MCOL = most of Midwest, Texas, Mountain West. LCOL = WV/OH/MS/IN/AR/AL/rural South (Phil's territory). Labor swings 2-3x; materials swing 30-50%.
Older homes: more contingency, more permit issues, more "while we're in the wall" decisions. 1880s brick is its own category — ask anyone who's tried.
Used for the "what $35K buys in your zip" reality check. Leave blank if you'd rather not.
The contingency line is real. A "10% contingency" on a 1950s ranch is appropriate. A 10% contingency on a 1900 plaster-walled house with active knob-and-tube is wishful thinking — budget 20-25%, because what's behind the wall isn't on the bid sheet. The tool sizes contingency automatically by vintage and known-issues; you can override.
STAGE 4 OF 5

Permits, timeline & financing

Permits add 30-60 days to almost any project that touches structure, plumbing, or electrical — and that's after the permit office has your application. Financing changes the math too.

Default is auto-sized by home vintage and known issues. Increase if you want a deeper buffer.
%
HELOC: 8-10% (variable). Construction loan: 8-11%. Personal loan: 10-15%. Credit card: 22-28%.
%
How long until the loan is paid off. 12 months = aggressive. 60 months = standard HELOC pace.
STAGE 5 OF 5

Your renovation estimate

HERE — TRY THESE. THEY MAY HELP.

Renovation cost is one part of a bigger question.

If you're rehabbing for resale or rental cash-flow, the Business Buyer's Guide covers asset valuation, deal structure, and the operator economics of small real-estate businesses. The Family Office Guide covers the holding entity, insurance, and estate questions that come with owning multiple properties. Or just browse all the free tools.

Business Buyer's Guide Family Office Guide All free tools
This is not contractor, engineering, or financial advice. Materials and labor costs vary widely by region, season, contractor, and home condition. Get 3 written bids from licensed contractors and verify regional pricing before relying on any number. This is not financial, tax, or legal advice.
HERE — TRY THESE. THEY MAY HELP.
Renovation cost is one slice of the property decision.
If you're rehabbing for resale or rental, the Business Buyer's Guide covers operator economics and deal structure on small real-estate businesses. If you're holding multiple properties, the Family Office Guide covers entity structure, insurance, and the estate questions that come with the portfolio.
Business Buyer's Guide → Family Office Guide All free tools
PROFESSIONAL DISCLAIMER · PLEASE READ

Not contractor, engineering, or financial advice. This calculator and any output it produces are intended solely for general educational and decision-support purposes. Materials and labor costs vary widely by region, season, contractor, and home condition. Get 3 written bids from licensed contractors and verify regional pricing before relying on any number.

Estimates based on your inputs. All results are estimates derived from the data and assumptions you provide. Local building codes, permit requirements, and contractor pricing can materially change the answer. The Baratelli Institute, its affiliates, and any co-branding professional make no warranty of accuracy, completeness, currency, or fitness for any particular purpose, and disclaim all liability for decisions made in reliance on the output.

Consult licensed professionals. Before acting on anything calculated here, consult licensed contractors, structural engineers where appropriate, your local building department, and your financial advisor. Resale ROI projections referenced in companion tools are derived from Remodeling Magazine Cost vs Value Report and Zonda data — actual ROI varies.

Educational references and tools — not legal, tax, accounting, or investment advice, and not a recommendation to buy or sell any security. Consult a qualified professional about your specific situation. © 2026 The Baratelli Institute.