SCOPE & COST TEMPLATE

Cosmetic Renovation Cost Template and Scope of Work

Build a room-by-room scope and preliminary budget for a cosmetic renovation, rental turn, BRRRR project, or pre-listing refresh. Edit quantities, labor, materials, markups, and contingency, then print the completed template or save it as a PDF.

Planning tool: Enter local contractor bids, supplier quotes, permit fees, and project-specific allowances. Confirm that concealed damage, code deficiencies, environmental hazards, structural repairs, and full system replacements are outside the cosmetic scope unless you add them explicitly.
1

Project information

Identify the property and establish the assumptions used in the budget.

2

Budget adjustments

Apply project-wide allowances after entering line-item labor and material costs.

Calculation order: line-item labor and materials → local cost adjustment → material sales tax → permits, testing, and inspection fees → GC markup → project contingency.
3

Scope of work and costs

Select the cosmetic work that applies, enter quantities and unit costs, and add room-specific specifications or bid references.

Qty quantity Unit SF, LF, EA, LS, etc. Labor cost per unit Material cost per unit
4

Project notes and exclusions

Record bid qualifications, surfaces to remain, owner-supplied materials, unresolved selections, occupied-work restrictions, and excluded work.

Budget summary

Important planning limitations

This worksheet produces a preliminary cosmetic renovation budget from information entered by the user. It is not a contractor bid, appraisal, property inspection, environmental assessment, architectural plan, engineering report, code analysis, loan estimate, or construction contract. Cosmetic work can expose concealed damage or code deficiencies that require additional repairs. Verify property conditions, hazardous materials, quantities, specifications, pricing, permits, utilities, insurance requirements, and applicable codes with qualified local professionals before purchasing property or authorizing work.

NEXT-STEP DEAL ANALYSIS

Test the Cosmetic Renovation Against the Complete Deal

Rehab Valuator helps you evaluate acquisition, financing, holding costs, resale assumptions, and projected profit alongside the cosmetic renovation budget developed here.

Analyze the Deal With Rehab Valuator Affiliate disclosure: Foreclosure Flips may earn a commission from qualifying purchases at no extra cost to you.


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