Kyodo Rental Property Toolkit
An editable Excel or Google Sheets workbook with more features — and this free calculator is included. You control your data and where the workbook is stored; nothing is ever sent to us.
Build a room-by-room remodel budget — general finishes by the square foot, plus the big-ticket rooms and systems — then see whether it pays for itself in rent or resale value.
Type a label and a cost. Add as many rows as you like — kitchen, baths, roof, HVAC, windows, landscaping, accessory unit, anything. Set a row to $0 (or delete it) if your $/sq ft already includes it.
A 10–20% contingency is standard — remodels almost always surface surprises once walls open up.
Enter what the remodel would add. We'll show the payback in rent and whether it adds more value than it costs.
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This free remodel cost calculator estimates your renovation budget room by room — kitchen, bath, flooring, and your own custom line items — then adds permits and a contingency and shows whether the project pays for itself in added value or higher rent.
How do I estimate a remodel budget?
Add up the cost of each area you're renovating, then include a permit allowance and a contingency (often 10–20%) for surprises. This calculator lets you enter costs per room or as custom line items and totals it, including cost per square foot.
Will a remodel pay for itself?
It depends on how much value or rent it adds versus what it costs. The calculator compares your remodel cost to the added value and rent increase so you can see the payback.
Is the remodel calculator free?
Yes, it's free and runs in your browser with no signup.