Renovation budgets: understanding the hidden factors behind the final price
- SLETTEN CONTRACTING
- Dec 12, 2025
- 2 min read
When planning a home renovation, the first question most homeowners ask is, “How much is this going to cost?”And while it’s a fair question, the real answer is rarely simple.
At Sletten Contracting Ltd., we’ve learned that the price you see on a quote is only part of the story. The true cost of a renovation depends on several factors—some visible, some hidden—and understanding them helps homeowners make better, more confident decisions.
The initial price is only the surface
A low estimate may look appealing, but it often omits important items that later turn into costly extras. Some contractors underbid to secure the job, adding charges as the project progresses. At Sletten Contracting Ltd., we take the opposite approach: full transparency from the start, even if it means the estimate appears higher at first glance.
What matters most is the value of your investment—quality materials, skilled workmanship, clear communication, proper scheduling, and a result that lasts.
The hidden factors that can impact your renovation budget
Here are the most common elements that influence the real cost of a renovation:
The true condition of the home
Once demolition begins, issues may appear behind walls or under flooring—old wiring, weak framing, moisture damage, or outdated plumbing. These must be addressed to ensure the renovation is safe and durable.
Supplier delays and weather
Winter storms, material backorders, shipping delays, and unexpected lead times can affect schedules and cost.
Coordination between trades
Carpenters, electricians, plumbers, HVAC specialists—if the timing is not aligned, small delays can ripple into larger costs. A well‑managed job avoids this.
Integrating with existing systems
Connecting new work to older systems (like tying into an existing furnace or electrical panel) can require extra labour or unexpected adjustments.
Specialist labour
Some upgrades—such as custom tile work, waterproofing, ventilation improvements, or structural corrections—require certified or highly skilled tradespeople.
A smart budget is a realistic budget
The key to a smooth renovation is proper planning. When preparing a project in Swift Current and surrounding areas, homeowners should factor in:
A contingency allowance
We recommend a 10–15% buffer for unforeseen conditions discovered during renovation.
A clear renovation plan
Material selections, timelines, labour needs, and order of operations should be defined early. This minimizes surprises and keeps the project efficient.
Consistent communication
Regular updates between you and your contractor help adjust plans when needed—without losing control of the budget.
At Sletten Contracting Ltd., we prioritize honest guidance and proactive planning so you always understand what’s happening, why it’s needed, and how it affects your project.
Don’t confuse “cheapest” with “best value”
A well‑managed renovation isn’t about cutting corners—it’s about investing intelligently.
For example:
Better insulation costs more initially but saves hundreds in heating bills.
Quality flooring lasts longer and avoids premature replacement.
Durable materials reduce long‑term maintenance stress.
A well-planned layout can increase home comfort and resale value.
Our goal at Sletten Contracting Ltd. is to deliver renovations that are built to last, functional, clean, and aligned with your budget—not rushed or compromised.
Ready to talk about your project?
Whether you're renovating a bathroom, upgrading your kitchen, refreshing your basement, improving insulation, or planning a full interior update, we’re here to guide you every step of the way with clarity, honesty, and craftsmanship.
