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

Income Property: Nick & Karen

First time homeowners Karen and Nick had big ambitions. A starter home wasn’t in the cards for them – they wanted to go all-in and buy their dream home. But big dreams come with big investments and what they thought was the house of their dreams turned out to be more of a nightmare. With the problems piling up and their basement becoming a swimming pool,  they needed renovation advice from me to make their dreams a reality, not just a fantasy.

Design Theme: Midnight Madness

The Numbers

THE NUMBERS

Purchase Price:        $880,000

Realtor Appraisal:        $960,000

Increased Property Value:        $80,000

Chosen Renovation Option: $45,000 – One bedroom basement apartment with small built in office. Estimated rental income $1100.

Alternate Renovation Option: $65,000 – Three bedroom basement apartment with new layout. Estimated rental income $1400.

Estimated Monthly Rental Income: $1,500

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