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Estimating Home Refinishing Costs

Estimating home refinishing costs accurately requires a specific idea of the results you desire. The cost and quality of materials and labor varies drastically and can be challenging to assess in advance. Obtaining detailed estimates from at least three contractors with good references. If you are doing the work yourself, get quotes for materials from several hardware and building suppliers.

Things You'll Need

  • List of repairs and improvements desired
  • List of contractors and vendors in your area
  • Materials list (if you are doing the work yourself)
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Instructions

    • 1

      Determine the remodeling you want done on your home. Make a detailed list of all potential repairs and improvements. Note materials, colors and styles you prefer. Factor in plumbing, wiring and possible structural repairs (for example, in a bathroom, the subfloor may need to be replaced).

    • 2

      Decide which repairs and improvements you are capable of doing yourself and which require a contractor. Honestly evaluate your skill level and the amount of time you have to spend on each project.

    • 3
      Working with a contractor you trust may be worth the extra cost.

      Contact at least three contractors to provide estimates. Ask each one to provide as much detail as possible in the estimate. Request figures for the hourly rate of workers if applicable as well as a time line for completing the job. Get references from each contractor to ensure that every estimate is a legitimate reflection of the final cost of repairs. Beware of contractors who give a very low estimate in comparison to others. Keep in mind that low-balling can lead to shoddy workmanship and incomplete repairs that ultimately cost you more.

    • 4
      If you have the skills, doing some jobs yourself can save you money.

      Compare prices on materials you need for repairs you are doing yourself. Determine a final cost for do-it-yourself jobs. Take into account any time you will need to take off from you job, if applicable.

    • 5

      Add the estimate of your preferred contractor and the estimate of the do-it-yourself jobs to get the total estimated cost of your home refinishing project.