Budgets, Estimates and Quotes
Understanding the Difference
Budget - is a global range based on the type of project. A general dollar range one can expect to spend, often based on review of regional or local remodeling statistics and/or personal experience.
Estimate - breaks the budget down into categories (e.g., countertops, cabinets, floors, etc.). Still a generalization or ball-park figure, does not include specifics relating to the actual project.
Quote - a detailed written specification taking into consideration the specific project details. A thorough representation of one's project based on personal needs, goals and desires for the project.
Understanding the Cost of Remodeling
We know that it can be difficult to assess the overall cost range of your kitchen or bathroom remodel if you’ve never done a home renovation before. At Kresge, we can help you determine the overall cost of your remodeling project by figuring out a few key details. To get an idea of mid-range and higher-end project costs, check out our Remodeling Cost page, which provides details on understanding a remodeling budget and how your financial goals line up.
Why We Use Quotes Instead of Estimates
We want you to be able to make informed decisions based on your goals and budget. An actual quote helps you to understand the real cost of your project. It clarifies your expectations so that both you and your remodeling contractor are on the same page.
Contrast our quote to what many in the industry offer: free estimates. Free estimates are often quick generalizations based on non-specific or inaccurate assumptions. Many consumers are lured by these cheap fees or offers for a "free design", only to discover key elements missing, hidden costs when they start remodeling and a project that isn't what they had envisioned.
We take the guesswork out of the equation. Because we are thorough, we take the time to understand your needs and wants, get accurate measurements and draw up detailed specifications, ensuring you receive a great value for what you spend. Our design fees vary based on the complexity of the project. In the end, by working with our team, you will have a solid workable design that fits your vision and your budget.