Welcome to the Episode Guides! Check out your favorite episodes, complete with Source Guides, to help with your design and renovation planning.
Income Property: Anne & Jody
Episode Theme: Scott-Free Vacation
Anne and Jody need to rent out their cottage duplex to afford the waterfront property where they will one day build their dream cottage. This is really a story about taking baby steps toward the dream.
Design Theme: Feet Up & Hair Down Kinda Pretty
Purchase Price: $420,000
Realtor Appraisal: $490,000
Increased Property Value: $70,000
Chosen Renovation Option: $40,000 – Indoor/outdoor renovation with Cosmetic upgrades , new kitchen, brand new washroom, stone patio and modular dock. Expected rent of $1750 in the high season.
Alternate Renovation Option: $30,000 – Cosmetic upgrade with new kitchen and dock.. Expected rent of $1500 per week in the high season.
Estimated Weekly Rental Income: $2000 (in high season)
Every local market has its own buying and selling cycle, but conventional wisdom tells us that real estate generally hits an upswing in the spring. As the market suddenly gets more competitive,... Read More »