Top Project Cost Estimation Tools for Home Extensions & Renovations

If you're planning a home extension, renovation, conversion or commercial fit-out, one of the biggest early questions is: “How much is this going to cost me?”

It’s a fair question—and a crucial one. But it’s also not as simple as plugging a few numbers into a calculator.

At DSN+BD Construction, we’ve seen time and again how underestimating costs—especially by focusing only on the "build price"—can lead to stress, delays, and unwanted compromises. That’s why we encourage all clients to look at the entire scope of their project and understand what the real numbers are likely to be.

Here’s how you can start getting to grips with your total project cost—and some tools to help.

Start With a Feasibility Study – Our First Recommendation

At DSN+BD, we always recommend beginning with a feasibility study carried out by your project architect. This is one of the most valuable—and often overlooked—steps in the process.

A feasibility study lays the groundwork for everything that follows. It’s where we assess what’s possible, what’s practical, and what it might cost.

✅ What’s Included in a Feasibility Study?

  • A measured survey of your existing property

  • Initial concept sketches or layout options

  • High-level discussions around materials, finishes, and systems

  • Review of planning policy, site constraints, and development potential

  • Early-stage budget guidance and cost bands

  • Professional advice tailored to your goals and property type

🎯 Benefits of a Feasibility Study

  • Clarity from the outset – you’ll understand your options before committing to a full design

  • Avoid wasted time or cost – we quickly flag what’s unviable, risky, or overly ambitious

  • Make better decisions – informed by planning context, structural input, and realistic costs

  • Control your budget – with early cost insights to guide your scope from the very start

  • Confidence to move forward – knowing you have a solid foundation for planning and design

Think of a feasibility study as a “pre-project roadmap” that gives you clear sight of the road ahead—before you step on the gas.

What Should Be Included in a Full Project Cost Estimate?

Before we look at tools, let’s break down what’s typically included in the true cost of a building project. Spoiler: it’s a lot more than just bricks and labour.

✅ Architectural Design + Planning Fees

  • Initial design and feasibility studies

  • Planning applications or permitted development documentation

  • Measured surveys

  • Structural engineer input

  • Building regulations approval

✅ Construction Costs

  • Groundworks and foundations

  • Structural work

  • Internal fit-out (walls, ceilings, floors)

  • Kitchens, bathrooms, joinery

  • Mechanical & electrical services (plumbing, heating, electrics)

  • Decoration and finishes

✅ Fixtures, Fittings & Equipment (FF&E)

  • Appliances, sanitaryware, lighting, tiles, flooring materials

  • Door hardware, ironmongery, and other fittings

✅ External Works

  • Landscaping, paving, fences

  • Driveways, drainage

  • Access improvements

✅ Professional & Statutory Costs

  • Party wall surveyors

  • Building control fees

  • CDM / health & safety compliance

✅ VAT (Usually 20%)

  • Don’t forget: most residential building work is subject to VAT at 20%—a huge consideration if you're not factoring it in.

✅ Contingency

  • We always recommend budgeting 10–15% contingency for unforeseen issues or scope changes during the build.

Tools & Resources to Estimate Project Costs

1. Build Cost Calculators

These online tools give ballpark figures based on project type, size, and location. They’re useful for early-stage planning but should always be taken with a pinch of salt.

Pro Tip: Be ware that some tools may leave out VAT, design fees, or contingency—so use them as a starting point, not the whole picture.

2. RICS Cost Estimators & QS Advice

If you want a professional pre-construction independent budget plan, consider hiring a Quantity Surveyor (QS) or using RICS cost estimating tools.

  • These services provide detailed breakdowns, especially helpful for larger or more complex projects.

  • You’ll receive line-by-line costs and insight into where money is being spent.

At DSN+BD, we often collaborate with independent QS partners when clients want deeper pre-construction budget control.

3. Architect-Led Budgeting

Architects—especially those working in design-led design and build environments like ours—can give early design-stage estimates informed by:

  • Recent completed projects

  • Cost per square metre based on design intent and complexity

  • Buildability insights that avoid budget blowout later on

Working with a team like DSN+BD Construction, where design and construction are integrated from day one, means your budget is considered as carefully as your layout.

Why DSN+BD Helps You Budget Better

We believe you deserve clarity from day one—not surprises halfway through.

That’s why we:

  • Start with a feasibility study to explore options and shape realistic expectations

  • Include the full scope of works in our project costings

  • Break down budgets clearly, including VAT, design fees, and contingency

  • Use real data and experience to guide realistic allowances for finishes and fittings

  • Don’t omit items just to make our quotes look cheaper

We’d rather give you the truth early than the panic later.

Want Help Creating a Realistic Budget?

Whether you’re planning a £75k extension or a £300k full-house renovation, we can help you understand:

  • What it will really cost

  • What to allow for

  • Where to invest

  • Where to save

  • And how to get the most value from your budget

At DSN+BD Construction, we don’t just build spaces—we help you build confidence in every decision you make.

Let’s talk about your project, your priorities, and how to bring it all together—starting with a smart, tailored feasibility study.

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