
Shawn Hinchey
Broker, Hinchey Homes Real Estate Team
RECO registered, TRESA compliant, serving Durham Region since 2013
Published: April 1, 2026
Across our 18 completed projects, the median renovation returned $1.95 for every dollar spent. Hinchey Homes funds the work at zero upfront cost.
Across Hinchey Homes' 18 completed Renos for Revenue projects (analyzed July 2026), the median project returned $1.95 in gross sale-price lift for every renovation dollar. What that means in practice depends on the home: the right scope on the right house is what moves the number, which is why every project starts with a walkthrough rather than a formula.
Why does renovation generate more than it costs?
Buyers pay a premium for move-in-ready homes because they avoid the risk, inconvenience, and cost of managing their own renovation. A buyer looking at a dated home mentally deducts the renovation cost plus a margin for uncertainty, contractor risk, and the time they would lose living in a construction zone. A renovated home eliminates all of that, and buyers are willing to pay more for the certainty.
Professionally staged and photographed renovated homes also generate more online interest, more showings, and more competing offers. Competition between buyers drives the price above what any single buyer would have offered on the dated version.
What if I cannot afford the renovation?
Hinchey Homes operates Renos for Revenue, the only pay-at-closing pre-sale renovation program in Canada. The team funds the entire renovation and manages all contractors and timelines. The homeowner pays nothing until the home sells. This makes pre-sale renovation accessible to estate executors, downsizers on fixed incomes, and any homeowner who cannot or does not want to fund a renovation out of pocket.
How do I find out what my renovation would return?
Call Shawn Hinchey at 905-449-4422 for a free in-home assessment. The team will walk the property, identify the highest-return renovations, and provide a transparent cost estimate with projected sale price impact. No obligation.
“Every dollar spent on pre-sale renovation generates $2.69 in additional sale price on average.”

Shawn Hinchey
Broker, Hinchey Homes Real Estate Team
RECO registered, TRESA compliant, serving Durham Region since 2013
Published: April 1, 2026




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