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    Mother Hubbards Kitchen Remodeling Budget Planning Spreadsheet

    Uploaded by

    Jimmy Barnes
    This document provides a budget planning tool to help estimate costs for kitchen or bathroom remodeling projects. It guides the user through three steps: 1. Enter the home value to determine a total remodeling budget percentage. A suggested starting percentage is 15% of the home value. 2. Select a remodeling budget percentage of the home value, such as 15%, to calculate the total budget dollar amount. 3. Create a personalized budget breakdown by allocating percentages to different project elements, such as 40% for cabinets. It calculates the totals and displays whether the breakdown is above, below, or equal to the total budget amount.

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    Mother Hubbards Kitchen Remodeling Budget Planning Spreadsheet

    Uploaded by

    Jimmy Barnes
    9 views1 page
    This document provides a budget planning tool to help estimate costs for kitchen or bathroom remodeling projects. It guides the user through three steps: 1. Enter the home value to determine a total remodeling budget percentage. A suggested starting percentage is 15% of the home value. 2. Select a remodeling budget percentage of the home value, such as 15%, to calculate the total budget dollar amount. 3. Create a personalized budget breakdown by allocating percentages to different project elements, such as 40% for cabinets. It calculates the totals and displays whether the breakdown is above, below, or equal to the total budget amount.

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    This document provides a budget planning tool to help estimate costs for kitchen or bathroom remodeling projects. It guides the user through three steps: 1. Enter the home value to determine a total remodeling budget percentage. A suggested starting percentage is 15% of the home value. 2. Select a remodeling budget percentage of the home value, such as 15%, to calculate the total budget dollar amount. 3. Create a personalized budget breakdown by allocating percentages to different project elements, such as 40% for cabinets. It calculates the totals and displays whether the breakdown is above, below, or equal to the total budget amount.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as xlsx, pdf, or txt
    9 views1 page

    Mother Hubbards Kitchen Remodeling Budget Planning Spreadsheet

    Uploaded by

    Jimmy Barnes
    This document provides a budget planning tool to help estimate costs for kitchen or bathroom remodeling projects. It guides the user through three steps: 1. Enter the home value to determine a total remodeling budget percentage. A suggested starting percentage is 15% of the home value. 2. Select a remodeling budget percentage of the home value, such as 15%, to calculate the total budget dollar amount. 3. Create a personalized budget breakdown by allocating percentages to different project elements, such as 40% for cabinets. It calculates the totals and displays whether the breakdown is above, below, or equal to the total budget amount.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as xlsx, pdf, or txt
    of 1

    Budget Planning Tool

    Questions? I will be happy to help:

    i
    (Your Logo Here) (Your Name) (Email) (Phone #)

    Quick Tip on Home Value %:


    A kitchen project is a defining
    room in your home. Consider
    beginning with 15% as a
    starting point for a kitchen and
    1 Start here by entering your home's value. 8% for a master bath project.
    Remember that a major kitchen
    Example > $200,000 Enter your home's value > $300,000 remodel project adds 72.1% of
    its value back into your home's
    value and a bathroom remodel
    adds 71% of its value based on a
    2 Determine a total kitchen or bath remodeling budget by selecting a percentage of your home's value. national average.*
    (*Source: 2009-10 Cost vs. Value, Remodeling
    Magazine.)

    Example > 15% Select a % here > i 15


    15%

    Equals: $30,000 Equals: $45,000 (calculates


    value)
    for you based on % of your home's
    i
    Quick Tip on the Cabinets %:
    3 Create your own remodeling investment breakdown.
    Cabinets are the most visible part
    of a remodel project. Consider
    beginning with 40% as a starting
    point for a kitchen and 30% for a
    Example > Enter your own personalized investment breakdown > master bath project for the
    cabinets %.
    Cabinets 40% $12,000 i Cabinets 4000% 40% $18,000

    Countertops 10% $3,000 Countertops 1000% 10% $4,500

    Appliances 10% $3,000 Appliances 900% 9% $4,050 %

    Lighting/Electrical 8% $2,400 Lighting/Electrical 800% 8% $3,600


    Quick Tip on % Difference to
    Wall Covering 3% $900 Wall Covering 400% 4% $1,800 100%:
    This cell tells you the % left to get
    Floor Covering 8% $2,400 Floor Covering 700% 7% $3,150 your personalized investment
    breakdown to 100% and EQUAL
    to your remodeling budget dollars
    Labor (including plumbing) 20% $6,000 Labor (including plumbing) 2000% 20% $9,000 in #2 above.
    Miscellaneous 1% $300 Miscellaneous 200% 2% $900 RED indicates you are above your
    budget dollars by going over
    100%, GREEN indicates you are
    below your budget dollars by
    Total 100% $30,000 Total (calculates for you based on your % breakdown) 100% $45,000 being under 100%, and 0% means
    you are at 100%.

    % % Difference to 100% > 0%

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