Call: 1.877.606.1166

U
Canadian Homeowner Renovation Report

The 2024 Fenestration Review Report on Canadian Homeowner Renovations

Jul 26, 2024 | Latest

Content courtesy of Financiet & Fenestration Review

The 2024 Canadian Homeowner Renovation Report findings released.

The 2024 Canadian Homeowner Renovation Report  by Angus Reid and FinanceIt Canada Inc. found that most Canadian homeowners (94%) plan to stay in their current homes over the next year. Nearly a quarter (25%) of those homeowners plan to renovate.
 

“With the high cost of living, many Canadians are choosing to stay put and renovate instead of moving,” said Michael Garrity, executive chair of Financeit. “Renovating can be more economical and satisfying in the long run.”

 

Homeowners Seeking Stability
The rising cost of living has made it harder for Canadians to buy groceries, gas, pay bills, and even mortgage payments. Despite the Bank of Canada cutting the key interest rate in June, people are still cautious about big financial decisions like buying a new house. A huge 94% of Canadian homeowners plan to stay in their current homes next year. Of those, 24% say the cost of living has stopped them from looking for a new place. People aged 35-54 are the most cautious about moving during tight financial times (30%).

 

Homeowners Looking to Renovate
With the cost of living rising, many Canadians are choosing to update their current homes. The report found that 53% of homeowners want to renovate to improve their home’s functionality. Homeowners in Ontario are the most likely to do so (63%).

 

Of those polled, 21% want to renovate to increase their home’s value. In Manitoba, a surprising 65% of homeowners want to renovate for the same reason. Among those planning to renovate next year, 37% want to remodel their kitchen, bathroom, or basement, 24% want to landscape, and 17% want to replace windows and/or doors.

 

Investing in Energy Efficient Upgrades
The report also found that homeowners are looking for ways to save money through renovations. It revealed that 62% of Canadian homeowners are likely to invest in energy-efficient home renovations to save on utility costs. Homeowners in Atlantic Canada are the most likely to invest in energy-efficient upgrades.

 

Many homeowners in British Columbia are quite likely to upgrade their homes, especially with the availability of various incentive programs. Programs like the Home Renovation Rebate Program by BC Hydro, CleanBC, and FortisBC offer rebates and grants for energy-efficient upgrades. These incentives make it more appealing for homeowners to invest in renovations.

 

Additionally, the rising cost of living has led many Canadians, including those in BC, to stay in their current homes and opt for renovations instead of moving. This trend is supported by the availability of financial assistance programs that help make home improvements more affordable.

 

Westeck isn’t just about products—it’s about service and innovation. The Westeck team is dedicated to guiding you through the selection process, ensuring you get the perfect fit for your home. And with a focus on continuous improvement, staying ahead of trends, ultimately providing you with the latest in window and door technology. Choosing Westeck means investing in quality, style, and peace of mind. Whether it’s windows, doors, or patio doors, Westeck offers solutions that enhance your home’s beauty, comfort, and efficiency. So why settle for anything less? Upgrade your space with Westeck and enjoy the perfect blend of form and function.

Westeck is a premier manufacturer of windows and doors. All major North American and European windows and doors are locally manufactured and proudly displayed in seven well-appointed showrooms including Kelowna, Victoria, Vancouver, Chilliwack, Nanaimo, Kirkland and Bellingham in Washington State. Each window and door is built to order, our customer have the freedom to design and create a product that is unique and personal. Enjoy our latest line of energy efficient windows and doors designed to enhance modern and contemporary architecture.

If you’d like to learn more about our windows, doors, and patio openings contact us Toll-free (US/Canada): 1-877-606-1166 or email us at sales@westeckwindows.com for a consultation with one of our Project Consultants.

 

Search

In the news Latest

  • Custom Window Frame Colours: How Finishes Influence Your Home’s Design
    A custom window frame finish isn’t just a detail it’s an architectural cue that shapes how a home feels. The tone, depth, and sheen of coloured window frames influence contrast, rhythm, and mood throughout the space. A crisp black window frame creates modern precision. A warm taupe or bronze softens edges and blends into natural materials. A muted white becomes a quiet backdrop that allows textures like stone, wood, or metal to stand out.
  • Celebrating the 2026 Georgie Awards: Congratulations to All Finalists
    Every year, the Georgie Awards highlight the best in British Columbia’s homebuilding industry. Hosted by the Canadian Home Builders’ Association of BC (CHBA BC), the awards honour the builders, designers, and trade partners who bring exceptional homes and communities to life.
  • Designing Indoor-Outdoor Continuity with Windows and Patio Openings
    Creating a home that feels open, bright, and connected to nature is easier than many people think. With thoughtful window design, you can blur the line between inside and outside, making your living space feel larger, and more inviting. At Westeck Windows, this idea is at the heart of what we build. The right window systems don’t just frame a view, they shape the way you live.
  • 2026 Residential Window Design Trends
    Residential design requirements are changing fast. Custom Home Builders want brighter spaces, better energy savings, and cleaner, modern lines for homeowners. As a result, windows now carry more responsibility than ever. They must look good, perform well, and support healthier, more efficient homes.
  • Condensation on Windows: Your Windows Are Still Performing.
    Condensation on windows is a common reaction to warm, moist air on a cold surface. Condensation on window glass does not mean the window is failing, but that the window is working. The idea of condensation on the windowpane means the window failing is a myth. In most cases, condensation has nothing to do with window quality. Instead, it is a sign of what is happening inside the house.
  • A Guide for Choosing Energy-Efficient Doors
    When you think about renovating your home, doors may not be the first thing that comes to mind. Yet the right door can make a significant difference in how comfortable your home feels, and how much you spend on energy bills. At Westeck Windows, we believe every detail matters. That’s why our doors are designed to be both beautiful and energy efficient.
  • 5 Signs It’s Time to Replace Your Old Windows or Doors
    Your home should feel comfortable, safe, and welcoming. But if your windows or doors are showing their age, they may be working against you. Many homeowners don’t realize how much these features affect energy use, comfort, and even the look of a room. Here are five clear signs it may be time to replace them, and how Westeck Windows can help.
  • Choosing the Right Window Style for Your Home
    Renovating your home is more than a fresh coat of paint or new flooring, it’s about shaping spaces that feel brighter, more comfortable, and more connected to the way you live. One of the most impactful choices you’ll make during renovation is selecting the right window style.
  • What you need to know about Windows living on the Washington Coast
    Living on the Washington coast means dealing with wet weather, salty air, and cool temperatures. Choosing the right windows can help keep your home warm, lower your energy bills, and protect against the elements. Let’s break down what makes a window energy-efficient, and what to look for when shopping.
  • Windows That Stand Up to Coastal Weather
    Living by the coast means enjoying stunning views and staying close to nature. But it also means dealing with salt air, strong winds, and constant moisture. In places like the Pacific Northwest, choosing windows that can withstand these elements isn’t just a design decision, it’s a structural imperative.