Scope of Work Calculator

What will this rehab actually cost? Build a line-item rehab budget by room and system, with contingency.

Total rehab budget

$111,283

Full results

The house and your terms

Square footage drives the sanity check; the two percentages sit on top of every line.

Above grade, as it will be when the work is done

Zero if you are managing the trades yourself

Ten on a house you have walked, twenty-plus on anything unopened

Structure and envelope

$19,900

What keeps the weather out and the house standing. Set a line to zero if it is not in scope.

Tear-off, deck repair, underlayment, shingles

Piers, framing, beams, sill plate

Systems

$18,900

Mechanical, electrical and plumbing. Rarely visible in photographs, reliably expensive.

Condenser, air handler, ductwork

Panel, service, rewire, devices, fixtures

Supply, waste, water heater, the sewer lateral

Interior finish

$39,050

What the buyer actually walks through, and where most of a cosmetic budget lands.

Cabinets, counters, tile, sink, plumbing trim

All of them, together

Site and soft costs

$8,550

The lines that get forgotten at bid time and invoiced anyway.

Including hauling away what was already in the house

Total rehab budget

$111,283

15 lines, plus markup and contingency.

Per square foot
$59.83
Reserve held back
$14,515

This prices as a medium rehab

$59.83 per square foot lands in the medium rehab band. Full cosmetics plus a kitchen, the baths and a system or two. If that is not the job you walked, one of the two numbers is wrong — the budget or the description.

The budget

Hard costs, 15 of 16 lines in scope
$86,400
Contractor overhead and profit at 12.0%
$10,368
Contingency at 15.0%Applied on top of the markup — a change order carries it too
$14,515
Total rehab budget
$111,283
Cost per finished square foot
$59.83

Where the budget goes

  • Structure and envelope18%
  • Systems17%
  • Interior finish35%
  • Site and soft costs8%
  • Contractor markup9%
  • Contingency13%

By group

Structure and envelope23% of hard costs
$19,900
Systems22% of hard costs
$18,900
Interior finish45% of hard costs
$39,050
Site and soft costs10% of hard costs
$8,550
Hard costs
$86,400

Where the money is concentrated

The 6 largest lines carry 65% of the hard costs. A second bid is worth getting on those and rarely worth it below them.

LineCostShare
Kitchen$14,75017%
Roof$9,80011%
Bathrooms$9,60011%
HVAC$8,40010%
Flooring$7,3509%
Windows and exterior doors$6,2007%
Everything else$30,30035%

Against the bands

What each level of rehab typically costs on 1,860 square feet.

LevelPer sq ftBudget range
Light cosmetic refreshPaint, flooring, fixtures, landscaping. Nothing opened up.$22$38$40,920–$70,680
Medium rehabyoursFull cosmetics plus a kitchen, the baths and a system or two.$38$72$70,680–$133,920
Heavy gutTo the studs. New mechanicals, new layout, usually a new roof.$72$135$133,920–$251,100

What the contingency is worth

The reserve is the line an unopened wall comes out of. This is what each level costs you up front.

ContingencyReserveTotal budget
5%$4,838$101,606
10%$9,677$106,445
15%yours$14,515$111,283
20%$19,354$116,122
25%$24,192$120,960
How this is calculated

A scope of work is an addition and two multiplications, in a fixed order:

hard costs = the sum of every line
contractor markup = hard costs × overhead and profit %
contingency = (hard costs + markup) × contingency %
budget = hard costs + markup + contingency

The order matters and it is a choice. Contingency is applied to the marked-up figure rather than to the bare trade costs, because the work a contingency pays for is real work: it arrives as a change order, and a change order carries the same overhead and profit the original scope did. Applying the contingency to the hard costs alone quietly under-reserves by the markup percentage, which on a fifteen percent contingency and a fifteen percent markup is a couple of thousand dollars you will discover you do not have on the day you need it.

Every line starts at a number and can be set to zero. A zero is a decision that the scope does not include that item — the line stays visible in the inputs and drops out of the breakdown, so the budget shows what is in scope and the form still shows what you chose to leave out. That is deliberate: a line you never see is a line you never decided about, and demolition, permits and haul-away are the three most commonly forgotten items in the trade.

The sanity check is budget ÷ finished square feet, compared against three bands: a light cosmetic refresh, a medium rehab that takes the cosmetics plus a system or two, and a heavy gut that goes to the studs. The bands are wide because they cover every market and every vintage of house, and they are here to catch an error of magnitude — a budget that has missed the mechanicals entirely, or one that has quietly become an addition — rather than to price your job. Your own completed projects in your own market are a better band than these, and once you have three of them you should be using those instead.

The concentration table below the breakdown ranks the lines by size. On most rehabs three or four lines carry more than half the budget, and those are the only ones where a second bid changes the outcome. Chasing a better price on a line worth two percent of the job is time better spent on the roof.

Common questions

  • What does the cost per square foot actually catch?

    Errors of magnitude, not errors of detail. A line-item budget can be wrong by a few thousand dollars in a dozen places and still look plausible, because every individual number looks plausible. Divided by the square footage, though, the same budget produces a single figure you can compare against every rehab you have ever done and every one your contractor has. A number that lands well below the light band usually means whole systems are missing from the scope; one well above the gut band usually means an addition, a foundation problem, or a bid that has been padded.

  • How much contingency should I carry?

    Ten percent is the floor and it is only defensible on a house you have walked with your contractor, where the mechanicals are visible and nothing structural is in question. Fifteen is normal. Twenty to twenty-five belongs on anything vacant, anything that has been winterized, anything where the crawlspace or attic was locked, and anything built before wiring and plumbing standards you would recognize. The contingency is not padding to be negotiated away — it is the line the sewer lateral, the failed panel and the rotted roof deck come out of, and if it is not there they come out of the profit instead.

  • Should contractor overhead and profit be a separate line?

    If you are hiring a general contractor, yes, and it belongs on top of the trade costs rather than buried inside them. A GC typically charges ten to twenty percent over the subcontractor pricing to carry scheduling, supervision, insurance and warranty. Splitting it out means you can compare a GC-managed job against self-managing the trades, which is the actual decision — and it makes the change-order math honest, because a change order carries the same markup as the original work. If you are managing the trades yourself, set it to zero and price your own time somewhere else.

  • Why are the bands so wide?

    Because they cover the entire country and every vintage of house. Labor in a coastal metro can be twice what it is two states inland for identical work; a 1920s house with plaster and knob-and-tube costs more per square foot to bring current than a 1990s house with drywall and a panel that only needs breakers. The bands are a sanity check, not a quote. Once you have completed two or three projects in one market, your own historical cost per square foot is a far better band than these, and that is the number you should be comparing against.

  • What gets left out of a scope of work most often?

    Demolition, dumpsters and the haul-away of what was already in the house — which on a hoarder or estate property is a project of its own before a single trade shows up. After that: permits and the plan work some jurisdictions require to issue them, temporary power and portable toilets, the trip charges and mobilization fees each trade bills for coming back a second time, and the punch list, which is small line after small line and reliably runs into four figures. Every one of them has a field below. Leaving a line at zero should be a decision, not an oversight.

  • Can I hand this to a contractor as a bid sheet?

    Use it as the skeleton and not the document. A contractor bids from a specification — the tile, the fixture model, the grade of cabinet, the number of coats — and a dollar figure next to the word Kitchen tells them nothing they can price against. What this is genuinely good for is the reverse direction: taking three bids that are organized differently, mapping each one onto the same sixteen lines, and finding the line where they disagree. That is almost always where the scope was ambiguous rather than where one bidder is cheaper.

Run these numbers on a real deal

Every off-market listing on the marketplace carries the figures this calculator asks for, so you can price a deal without retyping it.

Browse off-market deals

This calculator estimates results from the numbers you enter. It does not know the property, your lender’s terms, local taxes or the rules of your state, and it is not financial, tax or legal advice. Nothing here has been reviewed by a lawyer. Confirm every figure with your lender, title company and your own professionals before you rely on it.