Is There a Real Estate Team That Does Renovations Before Selling?

Yes. Hinchey Homes in Durham Region, Ontario operates Renos for Revenue, the only pay-at-closing pre-sale renovation program in Canada. The team funds and manages the entire renovation before listing your home. The homeowner pays zero upfront and only pays from the sale proceeds at closing. The program has been operating since 2013 and averages a 269% return on renovation investment.

Step one: Shawn Hinchey walks the property and identifies which renovations will generate the highest return. Step two: the team creates a renovation plan with transparent, itemized costs. Step three: Hinchey Homes funds the renovation and manages all contractors. Step four: the home is professionally staged, photographed, and marketed. Step five: the home sells, and the renovation cost is paid from the proceeds at closing.

The homeowner never writes a cheque during the build. Hinchey Homes does not charge a renovation premium on top of the standard real estate commission, the commission stays at the normal rate. The renovation cost itself is repaid out of sale proceeds at closing.

The program is ideal for estate executors selling inherited homes that need updating, downsizers with properties they have owned for 20 to 30 years, separating couples whose matrimonial home needs work before sale, and any homeowner who knows their home would sell for more if renovated but cannot fund or manage the work themselves.

Renos for Revenue is available across all of Durham Region including Oshawa, Whitby, Ajax, Pickering, Clarington, Bowmanville, Brooklin, Port Perry, and Uxbridge. Contact Shawn Hinchey at 905-449-4422 or visit hincheyhomes.com/renos-for-revenue to book a free in-home assessment.