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

Income Property: Matt & Sarah

For Sarah and Matt, it was all about family. They needed to find a house that worked for them, but also for Sarah’s mom, who would be moving into the basement apartment after the death of her husband. There were a lot of emotional factors at play in this home-buying decision and even more emotions when mom’s apartment looked like it was overrun with ants and mold. But at the end of the day, we managed to balance three opinions in one great basement.

Design Theme: Mum’s Relaxing Retreat

The Numbers

Purchase Price:  $260,000

Realtor Appraisal:  $310,000

Increased Property Value:  $50,000

Chosen Renovation Option: $35,000 – One bedroom basement apartment. Estimated rental income $850.

Alternate Renovation Option: $45,000 – Two bedroom basement apartment. Estimated rental income $1000..

Estimated Monthly Rental Income: $1,000

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