How to Get the Best Return on Your Renovation Investment

At Big Dog Renovations, we believe every renovation should look incredible, feel amazing, and make financial sense. Whether you’re updating your kitchen, bathroom, or basement, the smartest investments balance comfort, functionality, and resale value. Here’s how to ensure your next project gives you the biggest bang for your buck.

Average ROI by Project Type (Ontario Estimates): When it comes to maximizing your renovation investment, some spaces offer a higher return than others.

Kitchen renovations consistently deliver the strongest ROI, typically ranging between 75–100%. Modern layouts, custom cabinetry, efficient lighting, and durable finishes not only elevate your daily experience but also make your home more attractive to future buyers.

Bathroom renovations follow closely behind, offering an average return of 60–80%. Features like walk-in showers, double vanities, premium tiles, and updated fixtures transform an everyday necessity into a spa-like retreat while boosting resale value.

Finally, basement renovations can yield a 50–70% ROI, especially when designed as versatile living areas or legal secondary suites. Beyond increasing property value, a well-finished basement can generate ongoing income potential or provide much-needed space for family and guests.

💡 ROI ranges are based on Canadian and Ontario market data from trusted sources including: RE/MAX, HomeStars, Morningstar, and Canadian Real Estate Magazine. Actual results vary depending on design, finish quality, and local market conditions.

Top ROI Boosters

Want to increase your renovation’s impact? Focus on upgrades that enhance daily living and long-term value:

Optimize layout to maximize usable space and natural light.

Upgrade energy efficiency – windows, insulation, HVAC zoning.

Add modern lighting with under-cabinet LEDs and smart switches.

Choose durable, timeless materials like quartz, porcelain tile, and luxury vinyl plank.

Include functional storage – pantries, mudrooms, built-ins, and niches.Invest in professional design for better flow and resale appeal.

Common Mistakes to Avoid

Even well-intentioned projects can lose value if you overlook key details. Avoid these common pitfalls:

Over-customizing with bold or niche finishes that limit resale appeal.

Using cheap materials that won’t last long-term.

Skipping permits or drawings – costly to fix later.

Neglecting lighting and electrical planning.

Rushing selections without a cohesive design plan.

Big Dog Tip: ROI isn’t just about resale – it’s about comfort, energy efficiency, and a design that stands the test of time.

Example: Local ROI Snapshot

In Toronto’s High Park area, a 2024 kitchen remodel featuring new cabinetry, quartz countertops, and layout optimization led to an estimated 15–20% increase in resale value, with project costs recovered at roughly 85–90% ROI.

Similarly, finished basements across the GTA remain one of the strongest investments – especially when designed as legal secondary suites – often recouping 60–70% of initial costs while generating steady rental income potential.

The Bottom Line

Every renovation is an investment – not just in your home, but in your lifestyle. A thoughtful design, quality materials, and professional execution will always pay off in the long run.

Ready to plan your renovation the smart way?

Book a Design & ROI Review Call with our team, and we’ll help you outline a renovation plan that maximizes your return without sacrificing style or quality.