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Home > Blog > Renovate Enlarge or Purchase

Should You Renovate, Enlarge or Just Purchase a New Toronto Home?

Toronto is a city full of wonderful neighbourhoods with stunning homes that suit anyone from anywhere in the world. People come from all over the world to bask in the cultural diversity Toronto offers along with the chance to live the dream of becoming a homeowner. The question is, which type of home is right for you and your family, and how much work are you willing to do to make it your own?

Many of the solidly built heritage homes in Toronto are being bought by families who want the benefits of a certain neighbourhood, but not the headaches of an older home. For some, demolishing the existing structure and starting from scratch is the only solution. But, that takes time and money. Other options include complete interior renovations which may include enlarging the home to suit the needs of an expanding family. Whichever option you choose, you will have a new and improved house will all the modern amenities.

Putting together a renovation or a rebuilding plan takes a strong attention to detail and a strong sense of what it is you want. First, you have to find the right home. That's where a Toronto real estate agent comes in. He or she can help you scout out homes in your area of choice and can advise whether it would be worth the effort to renovate or rebuild. Toronto real estate agents know best the values of Toronto homes, and will offer the best advice when it comes to getting their clients the best value for their money. You want to ensure your efforts will be rewarded with increased value; you never want to by a "fixer-upper" or a "money pit" only to waste your time and resources.

A home architect is someone who will be able to articulate your vision. You want a trained professional to evaluate your home, letting you know whether or not what you want to do is feasible. The home must be able to adapt to the things you want to change.

If you're a prospective home buyer who does not have the patience to invest in rebuilding or renovation, there are plenty of brand new homes all over Toronto and the GTA that are ready to move into - no muss, no fuss. The choice is yours. Toronto has it all.


Lisa Ainsworth is a top Toronto real estate agent who specializes in helping buyers find heritage homes in the city's most spectacular neighbourhoods.

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