How to structure a quote for a renovation job
What a renovation quote should include: labor, materials, extras, exclusions, timelines, and payment terms. Structured so the customer understands and the contractor profits.
What should a renovation quote include?
A renovation quote should break work into clear sections with defined scope. It should include: labor by phase, materials with quantities and prices, optional extras (priced separately), explicit exclusions (what is NOT included), timeline with milestones, and payment terms (deposit, progress payments, final payment). If any of that is missing, confusion and margin loss follow. Vasco makes quote structure repeatable instead of improvised.
Why do contractors underprice renovation jobs?
Because the quote is rushed or too general. A single lump sum for a renovation hides the complexity. When changes happen — and they always do on renovations — there is no clean baseline to price against. The contractor absorbs extra work instead of charging for it. Structured quotes with clear line items make change orders straightforward and protect margins.