The Renos for Revenue ROI Index

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 across the program’s completed projects, reported as a median with quartiles rather than a single average, because medians resist being skewed by one outlier project. 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 18 completed Renos for Revenue projects, the median project turned every renovation dollar into $1.95 of gross sale-price lift, and heavier-scope projects on homes that needed real work sold on aggregate about 22 percent above their as-is value. The renovation is scoped to what the local market rewards, which is what keeps the return high.

What is the typical ROI on a pre-listing renovation?

The Renos for Revenue ROI Index shows a 95 percent median profit on renovation cost across completed Durham Region projects, with the middle half of projects returning between 38 and 176 percent. A single home can land above or below that range depending on its starting condition, the scope of work, and the local market at the time of sale, which is why every projection we give is a range, never a promise.

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.

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.