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Construction remodel contract template

Renovation Contract for Contractor - Virginia 2026

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This Renovation Contract outlines the agreement between a Contractor and an Owner for the completion of a construction project. It details the scope of work, materials, time of completion, permits, insurance, payment terms, and conditions for changes to the project. The contract emphasizes responsibilities regarding soil conditions, late payments, destruction or damage to the project, and legal interpretations. It also includes provisions for warranties and attorney fees in case of disputes.

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Click ‘Get Form’ to open it in the editor.
Begin by filling in the Contractor's name and address at the top of the form. This identifies who will be performing the renovation work.
Next, enter the Owner's name and address. This section is crucial as it specifies who is hiring the Contractor.
In the 'SCOPE OF WORK' section, detail all labor and materials required for the project. Be specific about what is included and excluded from the work.
Fill in the 'WORK SITE' address where renovations will take place. Ensure this matches any legal descriptions provided.
Specify start and completion dates in the 'TIME OF COMPLETION' section to set clear expectations.
Complete sections on permits, soil conditions, insurance, and changes to scope of work as applicable to your project.
Finally, review payment terms under 'CONTRACT PRICE' and ensure both parties sign at the end of the document.

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We have answers to the most popular questions from our customers. If you can't find an answer to your question, please contact us.

What do contractors need for VA renovation loan?

The contract should describe, in detail, the products to be used and how the work will be performed, i.e., size, color, who will be doing what work, amounts of materials provided, manufacturer model number, etc. There must be a detailed, written payment schedule in the contract.

What adds the most value in a renovation?

Projects That Boost Your Homes Value Remodel the kitchen. Updates to the kitchen pay off. Upgrade the appliances. If your appliances dont match, consider ordering new doors and face panels from the manufacturer. Remodel the attic or basement. Improve energy efficiency. Swimming Pools. Luxury Upgrades. Garage Conversions.

How much is too much to spend on a renovation?

Estimate home renovation costs (Get an approximate value of your home to start with.) For example, a kitchen generally accounts for 10 to 15 percent of the property value, so spend no more than this on kitchen renovation costs. If your home is worth $200,000, for example, youll want to spend $30,000 or less.

What is the 30% rule for renovations?

Your contractors and builders must have a valid VA builder identification number. All construction must be completed within 120 days of your closing date. The property must pass the VA appraisal and meet all inspection requirements upon completion.

How to write a contract for home renovation?

The average salary for a contractor is $19.73 per hour in Virginia. 16 salaries taken from job postings on Indeed in the past 36 months (updated September 6, 2025).

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How to calculate value after renovation?

Say you recently purchased your house for $450,000, and youre remodeling your kitchen. Your estimate from the contractor for the project is $50,000. To estimate your home value with improvements, a renovation value calculator will use this formula: Your estimated ARV would be: $450,000 + (70% x $50,000) = $485,000.

What is the most expensive thing when renovating a house?

A: When renovating a house, the kitchen is likely to be the most expensive thing. The other more expensive renovations include the bathroom, creating home additions, and renovating the entire exterior of your home.