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Return On Investment Information

Project

Typical 2025 Cost

ROI Range

Why It Pays or Not

Minor Kitchen Refresh

$15,000 to $25,000

75% to 100%

Paint Cabinets, replace

counters, hardware, lighting,

Avoid full gut 

Flooring Upgrade

(Hardwood or

Laminate)

$5 to $20 / sq.ft

Bathroom 

Refresh (Mid-

range)

$10,000 to $20,000

100% to 150%

Replacing carpet with

consistent flooring adds instant value

60% to 75%

Updated fixtures, tile, paint and lighting modernize without

overspending

Window Replacement

(Vinyl)

~ $15,000 (full house)

New Front Door 

(Steel / Fiberglass)

~ $2,500

Mid-Range Kitchen

Reno

$25,000 to $50,000

Basement Finishing

(Recreation or Suite)

$45,000 to $70,000

Roof Replacement 

(Asphalt)

$8,000 to $12,000

Deck or Patio

addition

$15,000 to $20,000

75% to 85%

75% to 100%

~ 75%

~ 70%

70% to 80%

70% to 85%

Energy efficiency and comfort 

resonate with Toronto buyers

Small project, major curb - 

appeal boost

New cabinets, fixtures, tile and counter tops; avoid exceeding area value ceiling

Adds living space, legal suite can add $100k + value 

Prevents value loss

Adds outdoor living space

Upscale Kitchen

Remodel

$50,00 to $100,000

Upscale Bathroom 

Remodel

$20,000 to $50,000

Interior Doors & Trim

~ $250 per door

Swimming Pool

(inground)

$50,000 +

50% to 70%

45% to %70

50%

Low / Negative

Great Lifestyle upgrade, may exceed area value

 

Luxury Finishes improve 

comfort more than value

Subtle "new build feel"

Maintenance Burden, adds value only in luxury areas

Elaborate

Landscaping

/ Outdoor Kitchen

$10,000 to $150,000

50%

front yard curb appeal, back yard luxury​

Neighbourhood Matters -

ROI follows local demand and price ceilings

Quality Counts -

Poor workmanship erodes perceived value

Data Sources 2025​​​

Appraisal Institute of Canada - How to Value Your Renovations

RE/MAX Canada (2025) - Home Renovation ROI Report

NerdWallet Canada (Apr 2025) - Renovation Trends That Boost Home Value                                          

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