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Features Guide5 minUpdated 2026-01-25

Budget Planning: Manage Multiple Renovation Budgets

Learn how to create, track, and compare renovation budgets with AI-powered allocation recommendations.

What is Budget Planning?

Budget Planning is a free feature in RoomEnhance that helps you manage renovation finances with multiple budget scenarios. Create budgets for different rooms or projects, allocate funds across categories, and compare options before committing.

Key Benefits

  • No credit cost - Budget planning is free to use
  • Multiple budgets - Create as many as you need
  • Category allocation - Distribute funds smartly
  • Side-by-side comparison - Compare up to 2 budgets
  • Real-time tracking - Update allocations instantly

Creating a Budget

Step 1: Open Budget Planning

Navigate to Budget Planning from the sidebar or go directly to /budget-planning.

Step 2: Click "New Budget"

Click the orange "New Budget" button in the top right corner. This opens the budget creation form.

Step 3: Fill in Budget Details

FieldDescriptionRequired
Budget NameA descriptive name (e.g., "Kitchen Remodel 2026")Yes
Total AmountYour total budget in dollarsYes
Room TypeSelect from Living Room, Kitchen, Bedroom, etc.Yes
Project TypeRenovation, Remodel, Refresh, or New BuildYes
DescriptionOptional notes about the projectNo

Step 4: Save and View

Click "Create Budget" to save. You'll be taken to the Budget Dashboard to allocate funds.

Using the Budget Dashboard

When you select a budget, the Dashboard view opens with:

Budget Overview Card

  • Total budget amount
  • Amount allocated vs. remaining
  • Progress bar visualization
  • Quick stats summary

Category Allocation

Distribute your budget across categories:

  • Materials - Flooring, paint, tiles
  • Labor - Contractor and installation costs
  • Fixtures - Lighting, plumbing fixtures
  • Furniture - New furniture pieces
  • Decor - Accessories and finishing touches
  • Contingency - Buffer for unexpected costs

Adjusting Allocations

  1. Click on any category amount
  2. Enter the new dollar amount
  3. The remaining budget updates automatically
  4. View the percentage breakdown

Comparing Budgets

Need to compare renovation scenarios? The Compare view helps you decide.

Step 1: Access Compare Mode

From the Budget Overview, click "Compare Budgets" (requires 2+ budgets).

Step 2: Select Budgets

Choose two budgets from the dropdown menus to compare side-by-side.

Step 3: Review Differences

The comparison shows:

  • Total budget amounts
  • Category-by-category breakdown
  • Percentage allocations
  • Visual bar charts
  • Difference calculations

Tips for Success

Start with Research

Use Cost Analysis on your designs first to understand real product costs before setting your budget.

Include Contingency

Always allocate 10-15% for unexpected expenses. Renovations often reveal surprises.

Update Regularly

As you get quotes and make purchases, update your allocations to stay on track.

Duplicate for Scenarios

Use the duplicate feature to create "what-if" budget variations without starting over.

Connect budgets to your Projects for a complete view of designs and finances together.