Is It Better to Renovate or Move in Calgary’s Current Housing Market?

Deciding whether to renovate your existing home or move to a new property is a significant choice, especially in Calgary’s 2025 housing market, which is currently shifting toward a buyer’s market. With increased inventory and more negotiating power for buyers.

At Bond Contracting and Construction Inc., we specialize in transforming homes through expert renovations, whether you’re staying put or purchasing a new property. Our team can help you upgrade your current home through and extensive renovation or a few minor home improvements making it a functional, modern, and truly yours.

Understanding Calgary’s Housing Market in 2025

Calgary’s housing market is experiencing increased inventory and a slowdown in sales, creating more options and leverage for buyers. In September 2025, home sales dropped 14% year-over-year, while new listings increased slightly, resulting in a 4-month supply of homes. Average home prices have decreased slightly, giving buyers more room to negotiate.

The Case for Renovating

Renovating can be an effective way to increase comfort, improve functionality, and maintain or raise a home’s value without facing the challenges of relocating. For many homeowners in Calgary, updating their existing property allows them to stay in a familiar neighbourhood while tailoring their home to meet changing needs.

Key advantages of renovating include:

• Cost control: Renovations may be more affordable than purchasing a new home, especially when factoring in realtor fees, land transfer costs, and moving expenses.

• Increased property value: Strategic upgrades, such as kitchen or bathroom remodels, can yield strong returns in a growing market.

• Personalization: Whether you need a home office, more functional kitchen, or extra living space, renovations allow you to create exactly what you want.

• Stay rooted in your community: No need to uproot your family, change schools, or adjust to unfamiliar surroundings.

  
  

Of course, renovations require thoughtful planning. At Bond Contracting and Construction Inc., our experienced team helps you avoid common challenges, such as unclear scopes and unexpected costs so you can enjoy a smooth, confident renovation experience.

The Case for Moving

While renovating is appealing, moving may be the right choice for some homeowners, especially if:

• Their current home can’t accommodate future needs.

• They want to change neighbourhoods.

• They need to relocate for work.

Potential advantages of moving include:

• Potential financial gain: Selling a well-maintained home in a competitive market may yield a strong return.

Even if you purchase a new home, renovations allow you to customize it to your preferences, making it feel truly yours from day one.

Planning for the Future

Whether you’re updating one room, one level or transforming your entire home, having the right renovation contractor makes all the difference.

At Bond Contracting and Construction Inc., we guide Calgary homeowners through every step of the renovation process, from initial design to completion.

Ready to explore renovation options for your current or new home?

Contact Bond Contracting and Construction Inc. today to discuss your goals and start your project.