Your Complete Renovation Budget Toolkit
Transform budget chaos into organized control with these battle-tested templates and strategies used by successful homeowners.
The Master Budget Calculator Template
Use this comprehensive template to track every aspect of your renovation budget.
Phase 1: Pre-Renovation Budget (2-3 months before keys)
| Category | Item | Budget | Actual | Notes |
|---|---|---|---|---|
| Professional Fees | Interior Designer Deposit | S$___ | S$___ | 5-10% of contract |
| 3D Drawings | S$___ | S$___ | May be waived | |
| Consultation Fees | S$___ | S$___ | Usually free | |
| Deposits | Contractor Deposit | S$___ | S$___ | 20-30% max |
| Material Deposits | S$___ | S$___ | For special orders | |
| Permits & Admin | HDB Permit Admin | S$___ | S$___ | S$300-800 |
| PE Endorsement | S$___ | S$___ | If required |
Phase 2: Core Renovation Budget Comparison
| Category | Contractor A | Contractor B | Contractor C | Final Choice |
|---|---|---|---|---|
| Hacking | S$___ | S$___ | S$___ | S$___ |
| Masonry | S$___ | S$___ | S$___ | S$___ |
| Tiling | S$___ | S$___ | S$___ | S$___ |
| Waterproofing | S$___ | S$___ | S$___ | S$___ |
| Kitchen Carpentry | S$___ | S$___ | S$___ | S$___ |
| Wardrobes | S$___ | S$___ | S$___ | S$___ |
| Electrical | S$___ | S$___ | S$___ | S$___ |
| Plumbing | S$___ | S$___ | S$___ | S$___ |
| Painting | S$___ | S$___ | S$___ | S$___ |
| Total Quote | S$___ | S$___ | S$___ | S$___ |
Payment Schedule Tracker
Never pay more than 30% upfront. Final payment only after all defects rectified.
| Milestone | % of Total | Amount | Date | Quality Check |
|---|---|---|---|---|
| Upon Contract Signing | 20-30% | S$___ | ___ | Contract reviewed |
| Completion of Hacking | 10% | S$___ | ___ | Check walls/floors |
| Completion of Wet Works | 20% | S$___ | ___ | Test waterproofing |
| Carpentry Delivery | 20% | S$___ | ___ | Inspect quality |
| Carpentry Installation | 15% | S$___ | ___ | Check alignment |
| Painting Complete | 10% | S$___ | ___ | Check finish |
| Final Handover | 5-15% | S$___ | ___ | Defects rectified |
Expense Tracking Sheet
Track every expense daily to maintain budget control.
| Date | Item | Category | Vendor | Budgeted | Actual | Variance |
|---|---|---|---|---|---|---|
| ___ | ___ | ___ | ___ | S$___ | S$___ | S$___ |
Categories: Contractor | Materials | Furniture | Appliances | Fixtures | Hidden Costs | Others
Contingency Fund Planning
For a S$50,000 renovation budget, allocate S$5,000 contingency:
| Risk Category | Allocation | Common Issues |
|---|---|---|
| Variation Orders | S$1,500 | Design changes mid-renovation |
| Material Upgrades | S$1,000 | Quality issues with standard materials |
| Hidden Costs | S$1,000 | Additional electrical points, disposal |
| Price Fluctuations | S$500 | Material price increases |
| Defect Rectification | S$500 | Post-renovation issues |
| Emergency Buffer | S$500 | Unexpected discoveries |
Cash Flow Planning Calendar
| Month | Week | Payment Due | Amount | Source |
|---|---|---|---|---|
| Month 1 | Week 1 | Contract Deposit | S$10,000 | Savings |
| Month 1 | Week 3 | Material Deposit | S$2,000 | Savings |
| Month 2 | Week 2 | Progress Payment 1 | S$8,000 | Reno Loan |
| Month 2 | Week 4 | Additional Points | S$1,000 | Credit Card |
| Month 3 | Week 1 | Progress Payment 2 | S$10,000 | Reno Loan |
| Month 3 | Week 3 | Carpentry Balance | S$7,000 | Reno Loan |
| Month 4 | Week 2 | Painting/Finishing | S$5,000 | Bonus |
| Month 4 | Week 4 | Final Payment | S$5,000 | Savings |
| Month 4 | Curtains/Grilles | S$3,000 | Credit Card |
Vendor Comparison Matrix
| Criteria | Weight | Vendor A | Vendor B | Vendor C |
|---|---|---|---|---|
| Price | 25% | Score /10 | Score /10 | Score /10 |
| Quality of Past Work | 20% | Score /10 | Score /10 | Score /10 |
| Timeline Reliability | 15% | Score /10 | Score /10 | Score /10 |
| Communication | 10% | Score /10 | Score /10 | Score /10 |
| Warranty Terms | 10% | Score /10 | Score /10 | Score /10 |
| Accreditation | 10% | Score /10 | Score /10 | Score /10 |
| Payment Terms | 10% | Score /10 | Score /10 | Score /10 |
| Weighted Total | 100% |
Quality Checkpoint Checklist
Use this checklist at each milestone to ensure quality standards are met.
Wet Works Inspection
Hidden Costs Checklist
0 of 5 selected
Waterproofing membrane visible and intact
Floor gradient slopes to drain
Tiles level with no lippage
Grout lines consistent
No hollow tiles (tap test)
Carpentry Inspection
Hidden Costs Checklist
0 of 5 selected
Doors/drawers aligned
Soft-close mechanisms working
No visible laminate peeling
Edges properly sealed
Interior fittings as specified
Electrical Inspection
Hidden Costs Checklist
0 of 5 selected
All points working
Switches/sockets level
Proper earthing present
Circuit breakers labeled
No exposed wiring
Painting Inspection
Hidden Costs Checklist
0 of 4 selected
Even coverage no patches
Clean straight lines
No paint on fixtures
Proper surface preparation evident
Download Templates
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Free Excel Templates
Get our complete budget planning workbook with automated calculations, payment tracking, and vendor comparison sheets. Used by over 10,000 Singapore homeowners.
Master Budget Calculator
Budget Calculator
Essential Works
Hacking & Masonry
Electrical Works
Plumbing Works
Floor Tiling
Carpentry
Kitchen Cabinets
Wardrobes
Study/TV Console
Other Storage
Finishing
Painting
False Ceiling
Window Treatments
Doors
Estimated Total
S$46,000
Per sqft (93 sqm)
S$46/sqft
Remember: Add 10-15% contingency to this estimate for unexpected costs