Budget IQ: Free AIRenovation Cost Estimator
Describe your renovation and get a low, average and high budget using current prices in your state. Price your kitchen, bathroom, painting or flooring in minutes. 3 areas free, no sign-up needed.
Australian properties only. A guide, not a quote.
How the renovation cost calculator works
Like asking an experienced flipper to price your reno, without waiting days for a callback.
Describe your reno
Pick your state and tell Budget IQ what you're planning, e.g. "new kitchen, full bathroom renovation and repaint the whole house".
Answer a quick question or two
Room sizes, finish level, or the age of the home. Only what genuinely changes the cost. No long forms.
Get a low, average and high budget
An itemised estimate using current local prices, with contingency included and the biggest cost drivers explained.
3 free areas: what counts as one?
The free version prices up to 3 areas of your renovation. An area is a whole room with everything in it, or one trade across the whole house.
Supporting costs such as skip bins, demolition and cleaning never count towards your limit. Need more? The FlipSync IQ free trial removes the limit and carries your conversation straight on.
KitchenCabinets, benchtop, splashback, appliances, paint and flooring in the kitchen = 1 area
Main bathroomStrip-out, waterproofing, tiling, fixtures and labour = 1 area
Painting (whole house)Walls, ceilings, doors and skirting throughout = 1 area
Flooring (whole house)New hybrid, carpet or floor sanding throughout = 1 area
Why renovation budgets blow out, and how to stop it
The renovation budget is where most property flips are won or lost. Underestimate the kitchen, forget the waterproofing in the bathroom, or assume the painter will be half the price they are, and your margin disappears before the property is even listed. For first-time flippers especially, the hardest question is simply: how much will this renovation cost?
Generic renovation cost calculators give one national average that rarely matches what trades actually charge in your suburb. Budget IQ works differently. It uses current local rates for the property's state, prices each part of the job separately, works out realistic quantities from the sizes you give it, and adds a sensible contingency. You get a low, average and high renovation budget, so you can see the range before you make an offer, not after.
Because Budget IQ was built for property flippers and renovators, it thinks the way a feasibility should. It flags the items people forget, such as skip bins, demolition, waterproofing for wet areas, asbestos testing on older homes, and trade labour for fixtures. It explains the biggest cost drivers, so you know where a cheaper finish will make the most difference to your bottom line.
Know Your Numbers Before You Buy
How much will your kitchen or bathroom renovation cost?
Find out in minutes with current prices for your state. 3 areas free, no account needed.
Inside FlipSync IQ, Budget IQ becomes part of your deal analysis rather than a separate spreadsheet. Apply your chosen budget to the renovation line of the Flip vs BRRRR deal analyser and see straight away whether the deal still stacks up. Pair it with the stamp duty and holding cost calculator and you have the full cost of the flip, from purchase to sale.
Once you secure the property, the itemised renovation budget moves into Financial Analysis with one click, so you can track every trade's quote and invoice against the original estimate. That is how experienced flippers keep renovation costs under control: a realistic budget up front, and a clear view of budget against actuals all the way to settlement.
Budget IQ estimates are a planning guide, not a quote. Prices vary with site conditions, access, materials and trade availability. Always get quotes from licensed trades before committing to a renovation.
From estimate to deal, in one place
Everything the free version does, plus no limits and a direct line into your numbers.
Price the whole project
No limit on areas inside FlipSync IQ. Budget IQ checks your scope against a 100+ item renovation checklist so nothing gets missed.
Apply it to your deal
Send the budget straight into the Flip vs BRRRR deal analyser or your Financial Analysis, with every line item kept.
Deal secured? Carry it through
Move the itemised costs into Financial Analysis in one click and track budget against actuals as the reno progresses.
$0 due today.
Renovation cost estimator FAQs
What is Budget IQ?+
Budget IQ is an AI renovation cost estimator built into FlipSync IQ. You describe the renovation in plain English, it asks a few quick questions about size and finish level, then prices the work using current local rates for your state and gives you a low, average and high budget with an itemised breakdown.
Is the renovation cost calculator free?+
Yes. Anyone can price up to 3 areas of their renovation for free, with no sign-up. To price your whole project, adjust line items and send the budget into your deal analysis, start the FlipSync IQ 7-day free trial ($0 due today).
What counts as one "area"?+
One area is either a single room with everything in it, or one whole-house trade. A kitchen with new cabinets, benchtop, splashback, appliances, paint and flooring is one area. "Paint the whole house" is one area, and "new flooring throughout" is one area. Supporting items such as skip bins, demolition and cleaning do not count towards the limit.
How accurate are the estimates?+
Budget IQ uses current local rates found through live web research for your state, refreshed regularly, and works out quantities from the sizes you give it. Estimates include a contingency and are shown as low, average and high ranges. They are a planning guide, not a quote, so always get quotes from licensed trades before you commit.
Which parts of Australia does Budget IQ cover?+
All Australian states and territories: NSW, VIC, QLD, WA, SA, TAS, ACT and NT. Choose the property's state at the top of the chat and Budget IQ prices the work using rates for that state. Australian figures are GST-inclusive.
Can I upload photos or a floor plan?+
Inside the FlipSync IQ app you can share photos or a floor plan so Budget IQ can spot the property's era, condition and likely works. Photos are only used during that chat and are never stored. The free website version works from your description.
How does Budget IQ help with flipping a property?+
In FlipSync IQ, one click applies your chosen budget (low, average or high) to the renovation line of a Flip vs BRRRR deal analysis or to your project's Financial Analysis. The itemised breakdown is saved with the deal, so when you secure the property you can move every cost into Financial Analysis without re-typing it.
Do I need to create an account to try it?+
No. Open Budget IQ from this page and start describing your reno. If you decide to start a free trial after your 3 free areas, your conversation carries on inside the app so you don't have to start again.