What Condo Renovations Actually Boost ROI in a Slow Market (Simcoe County Edition)
- sclinc0
- Jul 24
- 3 min read
With the 2025 real estate market cooling down, especially for condo sellers across Simcoe County, homeowners are getting smarter about where they invest their renovation dollars. While flashy overhauls might look great in listing photos, not every reno delivers when it comes time to sell. If you're looking to list or just protect your investment here’s where to focus to get the biggest return on your reno budget.
1. Kitchen Upgrades That Add Real Value
In a condo renovation full gut-job isn’t always necessary to see a solid ROI. Small but impactful kitchen upgrades like quartz countertops, a sleek backsplash, updated cabinet hardware, and soft-close hinges consistently deliver high returns (75–80% ROI). Light, bright, and functional kitchens are especially desirable in smaller condo layouts where space matters.
Pro Tip: If your kitchen still has laminate counters or outdated tiles, even a partial update can make the entire space feel new.
2. Bathroom Refreshes That Impress
Buyers love a clean, modern bathroom. Swapping dated tiles, installing a floating vanity, or converting a tub into a glass-enclosed shower can transform the look and feel of the space. You’ll see around 70–80% ROI on well-executed bathroom updates.
Simcoe Note: In older condos throughout Barrie and Innisfil, even basic bathroom cosmetic updates (new mirror, modern faucet, fresh grout) have a strong visual payoff.
3. Replace the Flooring, It Pays
Flooring is one of the first things potential buyers notice. Replacing old carpet or scratched laminate with luxury vinyl plank (LVP) or engineered hardwood can bring up to 100% ROI, especially in units under 900 sqft.
Choose modern, neutral-toned flooring and invest in soundproof underlay, especially important for multi-unit living.
4. Lighting and Smart Home Features
Small lighting upgrades make a big difference in buyer perception. Swapping out builder-grade fixtures, adding under-cabinet lighting, and installing dimmers or smart switches are relatively low-cost but high-impact changes.
Consider smart thermostats or entry systems for added appeal. These features add a sense of “move-in-ready” luxury without the hefty price tag.
5. Paint & Surface Refreshes
Sometimes, all a space needs is a clean slate. Fresh paint in soft neutrals, updated trim, and re-caulked baseboards can completely change a unit’s vibe. ROI on painting and light cosmetic refreshes often reaches 100%, especially when paired with staging.
Pro Tip: Avoid bold or trendy colours that may turn off buyers. Think warm whites, greige, or soft taupes.
6. Add Smart Storage Solutions
Condos aren’t known for generous storage, which makes built-in organizers and creative storage solutions a selling point. Closet systems, under-bed storage, built-in shelving, or a compact entryway bench with hooks can increase both usability and resale appeal.
Simcoe Insight: Units in Alliston, Orillia, and older Barrie developments often lack thoughtful storage. This is your chance to stand out.
7. What NOT to Over-Spend On
Not every renovation yields a return. Here’s what to avoid in a slower market:
Overly personalized finishes (like patterned tiles or brightly coloured cabinets)
Ultra-high-end appliances in entry-level buildings
Expensive built-ins that reduce layout flexibility
Buyers want tasteful, modern, and neutral—not niche or luxury that doesn’t align with the building’s overall value.
Final Thoughts:
In a slow market, strategic upgrades can mean the difference between a listing that sits and one that sells. Focus on projects that balance style with function, and appeal to the broadest range of buyers. Whether you’re preparing to sell or just want to future-proof your unit, we can help.
📍 Serving Simcoe County — from Barrie to Innisfil, Alliston to Orillia.
📲 Ready to plan a reno that actually adds value? Contact us today for a free consultation.
Comments