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: Jeff & Kirsty

Episode Theme: Baby Makes 3, Tennant Makes 4

Jeff and Kirsti are newlyweds living the big-city life: paying too-high rent for a small apartment in the sky, and relentlessly working 9 to 5. They want to become the couple that’s ahead of the pack, choosing work based on passion versus financial need. Scott shows this ambitious couple how to balance an investment property with a home – large enough to accommodate their expanding family.

Design Theme: Super Salvage

The Numbers

Purchase Price: $515,000

Realtor Appraisal: $600,000

Increased Property Value: $85,000

Chosen Renovation Option: $35,000 – One bedroom with new bathroom. Kitchen cabinets will be repurposed and floors will be refinished instaed of replaced. $950/month

Alternate Renovation Option: $50,000 – Gut basement and rebuild with new open concept kitchen/living, new bathroom and two bedrooms – $1100 /month

Estimated Monthly Income: $950

More to Explore...

How to Take the Stress Out of Selling a Home

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 »

How to Win a Bidding War

The title of this post is a little misleading, because as far as I’m concerned, there’s no such thing as “winning” a bidding war. But in markets where demand is high and... Read More »

Green Renovation Tips

Renovating is a messy business and it can be tough to reduce your carbon footprint while going through the demolition and rebuilding process. A lot of waste comes with the territory and... Read More »