Deal category

How to assess a renovation quote

Scope, labour, materials, contingency, schedule and contractor comparison.

Compare first:
  • identical scope
  • quantities and material standard
  • labour rates
  • schedule and payments
  • contingency for unknowns

Quick analysis

Enter figures from the specific deal. The benchmark should come from several genuinely comparable listings, and the contingency should cover category-specific risks.

What can distort the result

The most common mistake is comparing deals with different scope or condition. The second is entering zero post-purchase cost simply because it is not yet known. Use a cautious contingency and test two scenarios.

Decision after analysis

A “worth considering” verdict only means your inputs form a reasonable case. Before paying, confirm condition, documents, scope and safe collection.