Yes, a building hoist can be used for renovation work. These hoists are designed to lift and lower materials and personnel efficiently, making them ideal for construction and renovation projects. They help in moving heavy materials such as bricks, cement, and tools to different floors without the need for manual labor, thus increasing safety and productivity. However, it's crucial to ensure that the hoist is properly installed, maintained, and operated by trained personnel to avoid accidents and ensure the safety of all involved.