09/04/2026
🌿 With the cost of just about everything going up, it’s a question worth looking at a little differently today.
Renovation costs have risen significantly over the past several years, and with new tariffs affecting some home renovation products, there’s added uncertainty around what future projects might cost.
WHY A FIXER UPPER?
It might get you into the neighbourhood you really want, give you the lot or layout you’re looking for, or allow you to buy at a lower price and make improvements over time.
WHEN MOVE IN READY MAKES SENSE
You know your costs upfront, you can move in without taking on months of renovations, and you avoid the time, disruption and risk of a project costing more than expected.
The real question is whether the difference in price makes the work worth it for you.
Which would you choose? Move in ready or fixer upper?
The $100K to $155K example is an illustration based on Statistics Canada’s Residential Renovation Price Index from 2018 to 2024. Actual renovation costs vary by project, location and materials.