HomeZada's Zada AI Budgets tool generates basement finish cost estimates by selecting quality tiers and room dimensions, then auto-populates materials and prices. You can adjust for upgrades like an 8-foot wet bar with sink and refrigerator, and revisit the budget later as your project scope changes.
Many homeowners across the country have an unfinished basement that ultimately they want to finish out, but they have no idea how to create a good budget over what it's going to cost them. Let's look at some advanced AI technology on how it makes it super easy. So first thing is, why do you need a budget? One, you're making an investment into your home, so you really need to figure out how much that investment is going to be. How are you going to pay for it? You got the cash, credit, are you going to get a home equity loan? You really need to have a good budget because you're going to want to evaluate bids from multiple contractors to make sure you're on the same page regarding scope and costs, and you're going to want to maybe be able to manage that contractor. And if you have a budget, you're much more likely not to overspend once the project starts. So the key to AI technology that's going to empower you is you need a list of all the materials that your project's going to require, rough dimensions, what type of products between high, medium, or low-end type of products, and are you going to hire a contractor or do it yourself. With kitchen re— sorry, with basement finishes, most people are going to hire a contractor. So let's go to HomeZada here, which is a digital home management platform. It does lots of different things to manage all the data about your house. But let's click on the projects piece and come up over here and click on new project. The system has templates of over 50 home improvement projects. And so the first one here is already my basement finish, where all you have to do is click that template. Select create a project, and then on the left-hand side, again, there's so much variability, but you can essentially choose what types of products that you might want— high, moderate, or low— and you hit create project. Now, one of the first amazing things that Homes Auto does is it's automatically identified common things that are— you're going to need for your basement finish. It includes the assumption that you're going to put a bathroom down there. You're probably going to want to furnish it. And you're going to have some, you know, finishes as it relates to that. And here you can notice you can obviously add or edit, delete items as you wish. But you also notice the individual budget price for each one is currently zero. Now in the upper right-hand corner, I can hit the Zada AI Budgets, and we're going to introduce AI technology that's going to process all those items and come up with an estimate. Now the first thing you can see is you You know what? It's saying, I need the dimensions of your basement. Can you provide the length and width of your basement that you plan to remodel? Because that's going to have a huge impact. So, let's say I'm going to say this is a 30 by 35 basement. Literally, the AI tool is asking you to give you a rough set of dimensions. And now, this is where the absolute amazing magic happens. The AI— Zada AI technology is identifying all of those items that you saw on the list. It's calculating a quantity for flooring, for walls, for electrical, for insulation, for HVAC. It's coming out and creating a unit price based on that selection, and it's giving you kind of a high-level assumption over what's actually priced on there in terms of granite countertops, moderate-priced bathroom fixtures, etc. It's basically saying, you know, maybe it's about $18,000. But now you can say rebudget with high-end products. See if it takes my misspelling. And it does. It's going to rebudget now assuming that you want to compare what moderate-level products were going to cost you versus high-end ones. And now you're going to see it's going to go back and do all of that budgeting for you on the fly. Now imagine the time savings that you've done here. You've been able to do this, get 2 different budgets. This one's $45,000. Again, pretty dramatic difference, but you've been able to do that in seconds. Think about how long it's going to take you if you, A, went to a home improvement retailer to try to figure it out, or B, even making phone calls to contractors to try and figure all this stuff out. This has given you a much better detailed budget essentially on the fly. And now let's say you were— you've got the budget for the high-end stuff You want to save that back to the Digital Home Management. You go back to the cloud icon here. You can delete any of those items if you don't want them. For the sake of the demo, I'm just going to hit Save. And now you can come in here and see that it's essentially saved all of your items and it's now a $49,000 project. Now, the real benefit here is, again, think about you might have done this today and now you're going to go off and come back to this a week from now. You're still not ready. Whenever you come back to HomeZada, you can always go back to the Zada AI budgets because all of your previous chats are stored. So let's say this is a week later and you're like, oh, I had that budget of $45,000, but I talked to my spouse and I want to add a wet bar. Go and, and look at, at the top. You can see it's on the history tab. You just hit the chat tab back and now it says continue asking questions. So this is like an ongoing dialogue where you're like I want to add a wet bar that is 8 feet long with a sink, refrigerator, and cabinet— or sorry, shelves above it. Hit enter. And now it's going to take your previous budget and it's going to basically add in those particular items, right? You can see now it's already identified the wet bar cabinetry, the sink, the faucet, an under-counter refrigerator, and it's basically adding all these sort of things back into the sort of system. So now again, it's added $5,000 to your project. You can then basically hit save and now you've, you've even added additional scope, right? Come back in here. Hit Add, hit Save, and now it's basically added a whole bunch of new things on there. So again, within seconds you're able to constantly add, edit, and delete scope on your overall project. And this is really the power that Xata AI has as it relates to creating this. And now it gives you so much power and information to basically now start to maybe go out and talk to contractors because you already know a little bit about what you want scope-wise and what the overall budget might be. Again, it's not going to be 100% accurate, but you're way better off and much more better prepared to evaluate those bids than if you just had nothing. So if you want to learn more information, just go to homesada.com and you can learn more about how you can do that, or you can even sign up for a Homesada account, start to use this to track not only your basement finishing project, but any other home improvement project that you'd like. Thank you.
