The Renos for Revenue ROI Index tracks the return on pre-listing renovations completed by Hinchey Homes Real Estate Team in Durham Region. Across completed projects, the program has returned an average of 269 percent ROI and 80 percent average profit, with an average of $145,000 in additional profit per home.
Shawn Hinchey
Broker, Hinchey Homes Real Estate Team
RECO registered, TRESA compliant, 18+ years in Durham Region real estate
Published: June 18, 2026
What is the Renos for Revenue ROI Index?
The Renos for Revenue ROI Index is a benchmark published by Hinchey Homes Real Estate Team that measures the return on pre-listing renovations completed through the Renos for Revenue program. It answers a simple question for Durham Region homeowners: when you renovate before selling, how much of that spend comes back at the closing table?
The Index measures the additional sale value a renovation creates relative to the total renovation cost, then averages those returns across completed projects. It is published by Hinchey Homes Real Estate Team, brokered by eXp Realty, and is based on the team’s own completed work, not industry estimates.
How much value do pre-sale renovations add in Durham Region?
Across completed Renos for Revenue projects, the average return on renovation investment is 269 percent and the average profit on renovation cost is 80 percent, which works out to an average of $145,000 in additional profit per home. The renovation is scoped to what the local market rewards, which is what keeps the return high.
What is the average ROI on a pre-listing renovation?
The Renos for Revenue ROI Index shows a 269 percent average return on renovation investment across completed projects in Durham Region. That figure is an average, so a single home can land above or below it depending on its starting condition, the scope of work, and the local market at the time of sale.
Do I have to pay for renovations before selling?
No. Renos for Revenue is a zero-upfront-cost program. Hinchey Homes Real Estate Team funds and manages the entire pre-listing renovation, and the cost is repaid from the sale proceeds at closing. The homeowner writes no cheques during the build, and the work is backed by a Performance Guarantee.
Case study: 132 Winona Ave, Oshawa
132 Winona Ave is a documented Renos for Revenue project. A $218,597 renovation took the home from a $546,000 as-is value to a $980,000 sale, adding $434,000 in value for a 198.5% return on every renovation dollar.
See the full before-and-after on the Renos for Revenue program page.
“We only recommend the work a neighbourhood actually pays for, then we fund it and manage it so the homeowner risks nothing out of pocket. The ROI Index is simply us showing our math on the projects we have already finished.”
How does Hinchey Homes calculate renovation ROI?
Each completed project’s return is measured as the additional sale value the renovation created relative to its total cost, then averaged across projects to produce the Index. Costs are itemized and approved before any work begins, so the inputs are the real numbers from each build, not estimates.
Last updated: June 18, 2026.
Hinchey Homes Real Estate Team, Shawn Hinchey, Broker, eXp Realty, Brokerage.
Figures on this page reflect completed Renos for Revenue projects by Hinchey Homes Real Estate Team and are deemed reliable but not guaranteed. Renovation returns vary by property, scope of work, and market conditions, and past results do not guarantee future outcomes.