A clear and detailed estimate for the Home Renovation project is important for both the contractor and clients. It is an important part of your job, and it helps you to have a clear estimate about required time and cost for the completion of the job. You can’t ignore the bathroom by considering it a smallest room, because the bathroom has its own importance and can add value to your house. The estimate will help you to avoid any dispute and misunderstanding during the work with your contractor or client. Following are some tips to estimate the cost of home renovation:

• A comprehensive estimate always proves helpful; therefore take detailed notes about the current condition of the home to know about the requirements of home improvements. For instance, if you want to fix the roof, make notes for the problems with the roof and write about the current state of the roof. Write down if minor repairs are required, or you have to replace the whole roof.
• A contractor should discuss the requirements of the repair with the homeowner to have a good idea about the renovation. Some homeowner can give you a good idea about the renovation, but some can have unrealistic expectations. You can share your own ideas with estimated cost required in the execution of each idea. Note down everything while having a meeting with your client.
• Estimate should be written in a professional style; start with the name of your business, contact information, insurance details, and disclaimers and so on. Some software programs are also available to design an estimate in a professional manner.
• Divide your estimate in different columns and rows to write the cost of each repair. It is good to share the major components of the job with the customers to let them know that you are not receiving extra charges.
• Use simple and user-friendly language so that the reader can easily understand your report. Do not write short words, because the reader may not understand them. Write the detail of each activity so that the client can easily understand your plans.
• After completing your estimate, discuss it with your client and prepare a finalized draft. Do not forget to take the signature of your client on the final estimate. Any change in the estimate during the work can increase the cost of the project; therefore it is better to discuss this fact with your customer.