Tweet
Welcome to the Episode Guides! Check out your favorite episodes, complete with Source Guides, to help with your design and renovation planning.

Income Property: Sarah & Jim

Sarah and Jim had five daughters – is it any wonder why they needed an income property? With five college tuitions looming, they were anxious to bite the bullet and make sure their first investment was a smart one. Finding a house to accommodate the family was the first challenge. Fixing the water and foundation issues was the second. What wasn’t a challenge was finding great tenants to pay top dollar for an awesome basement suite.

Design Theme: Suburban Chic

The Numbers

THE NUMBERS

Purchase Price:       $250,000

Realtor Appraisal:       $320,000

Increased Property Value:       $70,000

Chosen Renovation Option: $45,000 – Split level lower floor and basement with 2 bedrooms.

Alternate Renovation Option: $60,000 – Split level lower floor and basement with 3 bedrooms.

Estimated Monthly Rental Income: $1,200

More to Explore...

Mortgage Terminology 101

Real estate terminology can be confusing – particularly when you’re buying your first home – and one of the things people seem to get the most confused about is mortgages. It’s understandable.... Read More »

5 Ways to Get Your Kids Excited about Moving

You’d think that for someone like me, moving into a new home would be a breeze. But for all the years of renovating, building and helping people move, there’s one thing I... Read More »

Scott McGillivray’s Penny Floor

If you watched Moving the McGillivrays, the HGTV Canada series about my adventures building my dream home, you know that when I built my house I put a lot of special, personal... Read More »