This is the 129th most frequent Russian word.
сделать
"To do" or "to make."
Here, 'сделать' means 'to do' or 'to complete' an action or task.
Я могу сделать это завтра.
I can do it tomorrow.
In this context, 'сделать' conveys the idea of undertaking or initiating an activity or project, namely the renovation.
Мы решили сделать ремонт в квартире.
We decided to renovate the apartment.
Here, 'сделать' is used to describe performing an action as a favor or assistance to someone else.