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How Much Does a Renovation Really Add to Your Home’s Value

How Much Does a Renovation Really Add to Your Home’s Value

If you’re thinking about selling your home, you might be wondering: “Should I renovate before listing?” It's a fair question—and one that doesn’t have a one-size-fits-all answer. The truth is, some upgrades can boost your home’s value significantly, while others may not deliver the return you're expecting.

Renovations That Typically Add Value

Here are some updates that tend to offer a solid return on investment (ROI), especially in today's market:

  • Kitchen Refresh (Up to 75% ROI):
    A full gut job isn’t always necessary—sometimes, resurfacing cabinets, updating hardware, and replacing appliances can make a big impact.

  • Bathroom Improvements (Up to 70% ROI):
    Modern tile, a new vanity, and better lighting can go a long way.

  • Curb Appeal Boosters (Up to 80% ROI):
    Think new front door, fresh landscaping, exterior paint, or updated garage doors. First impressions count!

  • Paint & Flooring (Up to 100% ROI):
    A fresh coat of neutral paint and clean, modern flooring can make your space feel brand new—and buyers love “move-in ready.”

  • Energy-Efficient Upgrades (Varies):
    Replacing windows, adding insulation, or upgrading to an efficient HVAC system can appeal to budget- and eco-conscious buyers.

What Doesn’t Always Pay Off

While these upgrades might make your home more enjoyable for you, they don't always translate to higher sale prices:

  • High-end, customized renovations that don’t suit the average buyer’s taste

  • Swimming pools (can be polarizing)

  • Overly niche features (built-in bars, saunas, hobby rooms)

Timing & Market Matter

Your local market conditions, buyer demand, and how quickly you want to sell all play a role. Sometimes, simple staging and strategic pricing deliver better results than expensive renovations.

Before You Start Swinging the Sledgehammer...

Talk to your real estate team. We can help you decide which projects are worth pursuing and which to skip based on your home, budget, and the current market in your neighbourhood. Feel free to contact us anytime if you are looking for assistance in listing your home!

Let's start the conversation

Whether you have a question about a listing, want to discuss your home's value, or simply aren't sure where to begin — we're here. Reach out and a member of our team will get back to you promptly.

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