{"id":145,"date":"2026-10-29T11:00:00","date_gmt":"2026-10-29T11:00:00","guid":{"rendered":"https:\/\/www.mariusmitrofan.com\/blog\/?p=145"},"modified":"2026-10-29T11:00:00","modified_gmt":"2026-10-29T11:00:00","slug":"toronto-homeowners-choose-renovation-over-moving-most-homes-dont-sell-for-top-dollar-by-accident","status":"publish","type":"post","link":"https:\/\/www.mariusmitrofan.com\/blog\/2026\/10\/29\/toronto-homeowners-choose-renovation-over-moving-most-homes-dont-sell-for-top-dollar-by-accident\/","title":{"rendered":"Toronto Homeowners Choose Renovation Over Moving | Most homes don\u2019t sell for top dollar by accident."},"content":{"rendered":"<div class=\"video-zmyer\">\n<div class=\"video-frame-zmyer\">\n        <iframe loading=\"lazy\" width=\"640\" height=\"640\" src=\"https:\/\/www.roomvu.com\/agent\/embed\/marius-mitrofan\/toronto-homeowners-renovating-remotion-videos-386b\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture\" allowfullscreen><br \/>\n        <\/iframe>\n    <\/div>\n<div class=\"video-description-zmyer\">\n<p>It\u2019s no surprise that many Toronto homeowners are opting to renovate instead of making a move. With slower sales and softer prices, families are weighing the benefits of staying put\u2014especially when it means preserving those lower mortgage rates and sidestepping land transfer taxes, agent fees, and the uncertainty that comes with shifting markets. I\u2019m seeing firsthand how this trend plays out: renovation inquiries have climbed 10% this year, even though some projects are running $15K\u2013$25K higher than last year, and basement remodels can now reach $70K versus $40K previously. For families who love their neighbourhood but need a change in layout or space, renovating can be the right fit\u2014but it\u2019s essential to plan for material price swings, skilled labour shortages, surprises that come with older homes, and permit or scheduling delays. Realistic budgets, 10\u201320% contingencies, well-defined project scopes, and trusted professionals make all the difference in ensuring the process is as seamless as possible. With over two decades of experience guiding clients through both buying and renovation decisions, I know that the right strategy can turn your current home into your forever one\u2014while maximizing your net results.<\/p>\n<\/p><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>It\u2019s no surprise that many Toronto homeowners are opting to renovate instead of making a move. With slower sales and softer prices, families are weighing the benefits of staying put\u2014especially when it means preserving those lower mortgage rates and sidestepping land transfer taxes, agent fees, and the uncertainty that comes with shifting markets. I\u2019m seeing [&hellip;]<\/p>\n","protected":false},"author":250,"featured_media":146,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-145","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest-posts"],"_links":{"self":[{"href":"https:\/\/www.mariusmitrofan.com\/blog\/wp-json\/wp\/v2\/posts\/145","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.mariusmitrofan.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.mariusmitrofan.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.mariusmitrofan.com\/blog\/wp-json\/wp\/v2\/users\/250"}],"replies":[{"embeddable":true,"href":"https:\/\/www.mariusmitrofan.com\/blog\/wp-json\/wp\/v2\/comments?post=145"}],"version-history":[{"count":1,"href":"https:\/\/www.mariusmitrofan.com\/blog\/wp-json\/wp\/v2\/posts\/145\/revisions"}],"predecessor-version":[{"id":147,"href":"https:\/\/www.mariusmitrofan.com\/blog\/wp-json\/wp\/v2\/posts\/145\/revisions\/147"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.mariusmitrofan.com\/blog\/wp-json\/wp\/v2\/media\/146"}],"wp:attachment":[{"href":"https:\/\/www.mariusmitrofan.com\/blog\/wp-json\/wp\/v2\/media?parent=145"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.mariusmitrofan.com\/blog\/wp-json\/wp\/v2\/categories?post=145"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.mariusmitrofan.com\/blog\/wp-json\/wp\/v2\/tags?post=145"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}