Average Renovation Cost by Project
| Project | Basic/Budget | Mid-Range | High-End/Luxury |
|---|
| Kitchen renovation | $5,000–$15,000 | $15,000–$50,000 | $50,000–$100,000+ |
| Bathroom renovation | $3,000–$8,000 | $10,000–$30,000 | $30,000–$60,000+ |
| Basement finishing | $15,000–$30,000 | $30,000–$60,000 | $60,000–$100,000+ |
| Roof replacement | $5,000–$10,000 | $8,000–$15,000 | $15,000–$30,000+ |
| Windows (full house) | $5,000–$10,000 | $10,000–$20,000 | $20,000–$40,000+ |
| Furnace/HVAC replacement | $3,000–$6,000 | $6,000–$12,000 | $12,000–$25,000+ |
| Deck/patio | $3,000–$8,000 | $8,000–$20,000 | $20,000–$50,000+ |
| Home addition (per sq ft) | $150–$250/sq ft | $250–$400/sq ft | $400–$600+/sq ft |
| Flooring (full house) | $3,000–$8,000 | $8,000–$18,000 | $18,000–$40,000+ |
| Painting (full interior) | $2,000–$4,000 | $4,000–$8,000 | $8,000–$15,000+ |
| Siding replacement | $8,000–$15,000 | $15,000–$25,000 | $25,000–$50,000+ |
| Driveway replacement | $2,000–$5,000 | $5,000–$12,000 | $12,000–$25,000+ |
| Landscaping (full) | $3,000–$10,000 | $10,000–$25,000 | $25,000–$75,000+ |
Kitchen Renovation Cost Breakdown
| Component | % of Budget | Budget Cost | Mid-Range Cost | High-End Cost |
|---|
| Cabinets | 30–40% | $3,000–$6,000 | $8,000–$20,000 | $20,000–$50,000 |
| Countertops | 10–15% | $1,000–$2,500 | $3,000–$8,000 | $8,000–$15,000 |
| Appliances | 10–20% | $2,000–$5,000 | $5,000–$12,000 | $12,000–$30,000 |
| Labour/installation | 15–25% | $2,000–$5,000 | $5,000–$15,000 | $15,000–$30,000 |
| Flooring | 5–10% | $500–$1,500 | $1,500–$4,000 | $4,000–$10,000 |
| Plumbing/electrical | 5–10% | $500–$1,500 | $1,500–$4,000 | $4,000–$8,000 |
| Backsplash | 3–5% | $300–$800 | $800–$2,500 | $2,500–$6,000 |
| Lighting | 2–5% | $200–$500 | $500–$2,000 | $2,000–$5,000 |
| Total | 100% | $9,500–$22,800 | $25,300–$67,500 | $67,500–$154,000 |
Renovation Costs by Province
| Province | Cost Index | Kitchen (Mid) | Bathroom (Mid) | Basement (Mid) | Notes |
|---|
| Ontario (GTA) | 1.15–1.25x | $20,000–$60,000 | $15,000–$35,000 | $35,000–$70,000 | Highest labour costs |
| British Columbia (Van.) | 1.10–1.20x | $18,000–$55,000 | $13,000–$32,000 | $32,000–$65,000 | High labour costs |
| Alberta | 1.00–1.10x | $15,000–$50,000 | $10,000–$30,000 | $28,000–$55,000 | Moderate |
| Quebec | 0.90–1.05x | $13,000–$45,000 | $9,000–$25,000 | $25,000–$50,000 | Slightly lower |
| Manitoba | 0.90–1.00x | $13,000–$42,000 | $9,000–$24,000 | $24,000–$48,000 | Lower labour costs |
| Saskatchewan | 0.90–1.00x | $13,000–$42,000 | $9,000–$24,000 | $24,000–$48,000 | Lower labour costs |
| Atlantic provinces | 0.85–0.95x | $12,000–$40,000 | $8,000–$22,000 | $22,000–$45,000 | Lowest costs |
Cost index is relative to national average. Labour is the biggest variable, ranging from $30–$50/hr in Atlantic Canada to $50–$80/hr in Toronto/Vancouver.
Renovation ROI (Return on Investment)
| Project | Average Cost | Value Added | ROI (% Recovered) |
|---|
| Front door replacement | $2,000–$5,000 | $2,000–$5,000 | 80–100% |
| Minor kitchen refresh | $10,000–$20,000 | $8,000–$16,000 | 75–85% |
| Bathroom update | $10,000–$25,000 | $7,500–$20,000 | 70–80% |
| Finished basement | $30,000–$60,000 | $22,000–$45,000 | 70–75% |
| Deck addition | $10,000–$25,000 | $7,000–$18,000 | 65–75% |
| Secondary suite (basement) | $40,000–$80,000 | $35,000–$72,000 | 75–90% |
| Major kitchen renovation | $40,000–$80,000 | $28,000–$56,000 | 65–75% |
| Swimming pool | $40,000–$80,000 | $15,000–$30,000 | 30–40% |
| Luxury master bath | $40,000–$70,000 | $24,000–$42,000 | 55–65% |
Labour Rates by Trade
| Trade | Hourly Rate | Per-Project Range |
|---|
| General contractor | $50–$80/hr | 10–20% of project cost |
| Electrician | $80–$120/hr | $150–$300/visit |
| Plumber | $80–$130/hr | $150–$350/visit |
| Carpenter/framer | $50–$75/hr | Varies by scope |
| Tiler | $60–$90/hr | $8–$25/sq ft installed |
| Painter | $40–$60/hr | $3–$6/sq ft |
| HVAC technician | $80–$120/hr | $150–$300/visit |
| Drywall installer | $50–$70/hr | $3–$5/sq ft |
| Roofer | $60–$80/hr | Quoted per project |
Renovation Timeline
| Project | Typical Duration | Notes |
|---|
| Painting (full interior) | 3–5 days | Minimal disruption |
| Bathroom (mid-range) | 2–4 weeks | One bathroom out of service |
| Kitchen (mid-range) | 4–8 weeks | Plan for temporary cooking setup |
| Basement finishing | 6–12 weeks | Inspections required |
| Home addition | 3–6 months | Permits required |
| Full renovation | 4–12 months | Plan for temporary housing |
| Roof replacement | 2–5 days | Weather dependent |
| Window replacement | 1–3 days | Per window |
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