Budget Estimate Example

Renovation of an entire floor - April 2022

The new owners of a duplex in Montreal wish to completely renovate the ground floor to live there. Work required: Complete renovation of the kitchen, dining room, living room, bathroom, partial renovation of the bedrooms. Insulation of ceilings with cellulose. Addition of a large patio door and replacement of other doors and windows.

Cost summary

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Remember, this is not an official quotation, but a helpful tool in finalizing your detailed scope and budget. These costs may vary depending on: contractor's profit, labor, location, schedule, duration of the work, materials selection, site conditions (e.g. condition of existing plumbing and electrical).

Due to material price fluctuations as a result of the ongoing pandemic and high demand for home renovations, we are seeing overall construction cost increases ranging from 10% to 30% higher than 2019-2020.

In addition to the final construction cost agreed with the contractor, Billdr always recommends reserving a contingency of at least 10% of the total contract value to cover changes during construction.

Floor plans and 3D