Create a list of everything you would like the project to include and then separate items into wants and needs. Learn how to budget a home renovation DIY renovation. 21 Tips On How To Renovate A House With No Money On A Budget Renovations Home Remodeling House Prepare an estimated budget. How to budget for house renovations . General expenses eg. Renovations generally add up to 10 to the value of your home. Permits Finances Costs for each room Contingency. The same thinking goes for a full house renovation divide your total budget between each room being renovated and allocate costs according to their value in the home. This summary sheet is pre-filled with 18 rooms zones refer list below. Home Renovation is in fact an art Lets discuss How to Budget for a Home Renovation Keeping on budget is always a challenge. Opinions vary as to how much extra money you need to set aside for unforeseen costs and it does depend on the size of your renovation but its universally a