Best Renovations for Resale That Increase Home Value
The best renovations for resale are the upgrades that consistently increase home value, attract qualified buyers, and help properties sell faster in competitive Canadian markets.
Whether you are buying, selling, or owning a home, understanding the best renovations for resale can make a measurable difference in both market value and buyer interest. Renovation decisions should always be made with return on investment in mind, especially when resale is part of your long-term strategy.
In competitive markets, strategic renovations can help a property sell faster and for a stronger price. For buyers, purchasing a home with renovation potential can open doors to neighbourhoods that may otherwise feel out of reach. For homeowners staying put, targeted updates improve daily living while preserving future resale value.
According to a recent RE/MAX Canada report, more than half of Canadians renovate primarily for personal enjoyment. However, resale considerations remain critical. A Leger survey conducted on behalf of RE/MAX Canada found that 59 percent of Canadians factor return on investment into renovation decisions, and 16 percent renovate specifically to increase market value ahead of selling within one to three years.
So which projects consistently deliver results? We asked RE/MAX brokers across Canada to identify the best renovations for resale based on real-world buyer behaviour and transaction outcomes.
Best Renovations for Resale Value
Kitchen Renovations
An overwhelming 93.5 percent of RE/MAX brokers agree that kitchen upgrades deliver the strongest return. Updated cabinets, countertops, appliances, and functional layouts matter more to buyers than almost any other feature, making this one of the best renovations for resale.
Bathroom Updates
Bathroom renovations ranked second, with 61.3 percent of brokers citing strong ROI. Clean, modern bathrooms signal good maintenance and reduce perceived work for buyers.
Fresh Paint
Paint remains one of the most cost-effective renovations, with 58 percent of brokers noting its impact. Neutral, light colours help homes feel brighter, larger, and cleaner.
Flooring Improvements
New flooring was identified by 45.2 percent of brokers as a worthwhile investment. Hardwood and tile tend to outperform wall-to-wall carpet, especially in main living areas.
Finished Basements
Finished basements were highlighted by 16.1 percent of brokers as a valuable selling feature. Additional liveable square footage appeals to families, remote workers, and multi-generational households.
Outdoor and Landscaping Projects
Outdoor upgrades ranked at 12.9 percent. Decks, patios, landscaping, and usable yard space often deliver strong emotional appeal with controlled costs.
Roof Replacement
Also cited by 12.9 percent of brokers, a new roof can be a quiet but powerful selling feature, reducing buyer hesitation around major expenses.
Open-Concept Layouts
While more involved, 9.7 percent of brokers see value in opening up floor plans to improve flow and functionality in older homes.
Window Upgrades
New windows were identified by 6.5 percent of brokers as a contributor to higher offers, particularly due to energy efficiency and reduced maintenance.
How to Approach Renovations Strategically
Not every renovation qualifies as one of the best renovations for resale. Over-improving for a neighbourhood or choosing highly personalized finishes can limit buyer appeal. The strongest results come from renovations that align with comparable properties and current buyer expectations.
Before starting any project, it is essential to assess timing, budget, and market conditions. Renovations should support your overall real estate plan, not work against it.
With decades of experience as investor-focused agents, we help clients become real estate investors through informed, strategic planning rather than speculation.
If you are considering renovations to improve resale value, or evaluating whether renovating before selling makes sense in today’s market, connect with a member
of our team.
Schedule a confidential consultation here
