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

Income Property: Astrid & Sheldon

Episode Theme: Fishing Dreams, Rental Reality

​ After an unexpected health crisis, Astrid and Sheldon need to renovate and rent their vacation property in order to make their cottage dream a reality. ​Astrid’s recent stroke was scary and eye­opening. She doesn’t want to park her dreams; she wants to make them a reality right now. This cottage is the first step towards her and Sheldon’s newfound “no time like the present” attitude.

Design Theme: Classic Cottage

The Numbers

Purchase Price: $269,000

Realtor Appraisal: $360,000

Increased Property Value: $91,000

Option 1: $45,000 – Total cosmetic makeover with new flooring throughout, plus full kitchen and bath remodels.  Estimated rent of $1200/week in the high season ($4800/month).

Option 2 *CHOSEN*: $55,000 – Everything option one has to offer plus a new, large deck, and exterior paint job. Estimated rent of $1400/week in the high season ($5600/month).

Estimated Weekly Income: $1,700 in the high season ($6800/month).

More to Explore...

Renovation Health Check: Mold and Air Quality

Mold can be a real problem in basements so it’s important to stop it before it starts. In any renovation project, and particularly basement, kitchen and bathroom renovations, you need to take... Read More »

How to Create a Renovation Budget

A large number of people spend more than they plan during a renovation. Sometimes it’s because of unexpected problems that come up, sometimes it’s because someone changes their mind about what they... Read More »

Know Your Limits: DIY vs Contractor

It’s a very fine line between what can be considered a DIY project and what requires a professional contractor – and the answer varies depending on the person. I’ve seen some people... Read More »