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How to Budget for a Home-Office Renovation Project

Considering of updating or upgrading your home office? Then you’ve come to the right place! Any upgrade or update helps make any space function better. It also helps it become more efficient with a more functional flow. My home office (craft room for others) is the selling point and heart of our home. While several areas of a home may need remodeling, the office is a great place to start as it helps bring forth ideas for additional renovations.

Create a List
It is best to create a list of items that must be changed and the ideas that you have for those changes. This helps a contractor provide a better, more accurate estimate. Star or mark items that are must haves to ensure that the contractor notices the important items.

Contingency Budget
Within your budget should be additional funds known as a contingency budget. This is because very few renovation projects go as planned. There are almost always surprises behind the walls or under the floors. The contingency budget should be an additional 25-percent of your total budget. This also allows funds for extra work as the project continues as changes are likely to happen.

Projects like this do cause a temporary disruption in your home. It also leaves behind a bit of dust and dirt from construction. While most contractors clean up after themselves, some are likely to be missed or forgotten about. Always expect a project to last a few days longer than initially estimated given the fact that unforeseen circumstances can add time to the completion date.

About Angela Bethea

Hello there! I’m Angela the sassy military wife behind the editorials on this blog. I often shop for bargain deals, check out sales and share my thrifty finds across my social network.

Feel free to check out links to my other publications and social pages.

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21 comments

  1. How funny, my hubby was just complaining the other day about the hot mess I have in our desk area lol I definitely need some organizers and more storage πŸ™‚

  2. I needed to read this. I love a beautiful office. Although mine isn’t bad, I just like the idea of doing it up – myself for that matter.

  3. We’re planning to revamp our office/workshop, after all these years in really needs it πŸ˜‰ Good thing you warned me about possible time delays because our budget is quite small so I probably need to save a bit more just in case.

  4. This is next on my reno list. A little paint, some flooring….it’s not always easy, but it can be done. Saving up money here and there to make it happen!

  5. We have considered turning a spare bedroom into an office/ workspace for me. Maybe if I can show my husband it can be on a friendly budget I can make it happen.

  6. I love that you mention including a contingency budget. Even when we have a list of everything we want – inevitably something will come up that’s not on the list. I’ve been working on my home office for a few months now. Your post has inspired me to finally finish my office renovation project.

  7. I love that you mention including a contingency budget. Even when we have a list of everything we want – inevitably something will come up that’s not on the list. I’ve been working on my home office for a few months now. Your post has inspired me to finally finish my office renovation project.

  8. When I am able to move out I’d love my own office area, you’ve got some amazing advice here. I live my life in lists so this is good to know that it will come in handy! Also love the idea of the contingency budget, very wise!

  9. This is great! An accurate description of what awaits one when you renovate. But in the end you are left with a dream come true and that is what matters. Love your article.

  10. This is really helpful! Lists are so helpful when trying to stay on track and on budget!

  11. hanna - platforms and pacifiers

    I can not wait for us to move so that I can finally have the home office I want! We are VERY limited as we are renting an old home that the owners have not updated (and don’t intend to) and it KILLS me! πŸ™

  12. This was perfect timing. I’m in the process of renovating. Great tips πŸ˜€πŸ˜€

  13. I am so wishing to convert my study area into my home office but not getting any ideas and this is so apt to start with now.

  14. I like this post. I am all about the budget. If it is only already penciled in then it is not happening. Lists are also part of my daily life.

    β₯ tanvi

  15. This is really helpful. It is really important to have a contingency budget for a home office renovation. I will be pinning this.

  16. This helped me a lot, cuz these days I was thinking about making a home office for my studio. Great tips, I’m sure I can use them. Thanks for this post! x

  17. Hi
    I moved from the city to a tiny village because I will be working from home,so I thought there was no point spending more money on rent in the city.
    Now it`s tiime to make and decorate a space in my home and turn it into an office so your post just came at the right time, thanks for sharing.

  18. I’m looking for homes at the moment and it’s a must that I have a home office especially since I’m going to be blogging full time soon!

  19. So true! Planning is so important for renovating your home. We are building an office out in our shop and my husband has carefully planned it out. It’s so fun to see it taking shape so we can work out there in the winter and be semi-cozy!

  20. I am planning to renovate my home office. and I really need to have a contingency budget. I will compile it soon!!

  21. I really need an office area pronto! Currently my work desk is the living room table and the aount of times I have spilled tea on my notes is crazy! Since we are moving houses this is perfect for creating a small space so that I dont have to use a lot f time packing up things that take up so much space!

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