🧱 Renovating To Sell? It Might Not Be Worth It Anymore
In past years, many homeowners were told, “You need to renovate to get top dollar.” But in 2025, the real estate landscape has changed:
- Construction and labour costs remain high
- Supply chain issues still affect materials
- Home prices are stabilizing
- Buyers are increasingly picky
- And renovation ROI (return on investment) is dropping
That’s why more sellers are choosing speed over spending—and working with buyers like SLG Home Buyer to sell fast, in any condition.
💰 Renovation Costs Are Still Too High In 2025
Despite inflation slowing, renovation prices haven’t come back down to pre-pandemic levels.
▶ Average Renovation Costs in Ontario (2022–2025)
| Renovation Type | Avg. Cost (2022) | Avg. Cost (2025) | % Increase |
|---|---|---|---|
| Kitchen Remodel | $35,000 | $42,500 | +21.4% |
| Bathroom Remodel | $18,000 | $22,000 | +22.2% |
| Flooring (whole home) | $12,000 | $14,500 | +20.8% |
| Roof Replacement | $9,500 | $11,200 | +17.9% |
| Painting (interior) | $6,000 | $7,500 | +25.0% |
🔍 Source: SLG Contracting Estimates, Ontario Construction Cost Index
Even minor updates like paint and fixtures can balloon into weeks of stress, scheduling, and bills.
📉 Renovation ROI Is Declining
Buyers aren’t paying premium prices like they were in 2021–2022. With higher borrowing costs, they’re negotiating harder—even on move-in-ready homes.
▶ Average ROI on Renovations in Ontario (2023 vs. 2025)
| Renovation Type | Avg. ROI (2023) | Avg. ROI (2025) |
|---|---|---|
| Kitchen Remodel | 75% | 62% |
| Bathroom Remodel | 70% | 58% |
| Painting | 85% | 72% |
| Basement Finishing | 65% | 50% |
| Landscaping | 60% | 45% |
💡 A $40,000 kitchen reno might only add $25,000 in resale value now.
For many homeowners, that means spending thousands only to lose money—and time.
⏳ Time Is Money (And Renovations Take A Lot Of It)
The average renovation timeline in Ontario is now 4–8 weeks, depending on scope. That doesn’t include planning, getting permits, or waiting on contractors.
And during that time, you’re still:
- Paying the mortgage
- Covering utilities
- Maintaining the home
- Worrying about unexpected delays
🧹 Staging? Cleaning? Forget It.
If your home needs major updates, deep cleaning, or junk removal, getting it ready for MLS can feel overwhelming.
With SLG Home Buyer, you don’t need to:
- Stage the home
- Deep clean
- Make repairs
- Empty out old furniture
- Wait for buyer financing or inspections
We buy homes exactly as they are.
🏠 Case Study: “We Were Going To Renovate—Then We Did The Math”
Meet Peter and Anita – Brampton, ON
Their 1980s detached home needed a new kitchen, bathroom, and flooring. Their contractor quoted them $55,000 for updates. A realtor told them it could increase the sale price by $30,000–$35,000.
Instead, they sold their home to SLG Home Buyer:
- We made an as-is cash offer within 24 hours
- We closed in 10 days
- No repairs, no showings, no open houses
- They used the money to buy a downsized condo debt-free
“We saved time, avoided stress, and walked away happy.”
🔁 What To Do Instead: Sell As-Is, Fast & Easy
At SLG Home Buyer, we help Ontario homeowners skip the renovation stress and move forward quickly.
Here’s how it works:
- Get a fair, no-obligation cash offer within 24 hours
- Skip the cleaning, fixing, or staging
- Close in as little as 7–14 days
- No fees, no commissions, and we cover closing costs
Whether your home needs TLC or a total gut job, we’re ready to make it simple.
📊 Summary: Renovate or Sell As-Is?
| Factor | Renovate & List | Sell As-Is (SLG Home Buyer) |
|---|---|---|
| Upfront Costs | $15,000–$75,000+ | $0 |
| Timeline | 6–10+ weeks | 7–14 days |
| Stress Level | High (contractors, delays) | Low (no repairs needed) |
| Commissions & Fees | 4–6% of sale price | $0 |
| Risk of Buyer Backing Out | Yes | No |
Ready To Skip The Stress?
📞 Call SLG Home Buyer or fill out our form to request your free, fast cash offer today.