Welcome to the Episode Guides! Check out your favorite episodes, complete with Source Guides, to help with your design and renovation planning.
Income Property: Leanne, Michelle & Richard
As a single woman, Michelle needs Scott’s help to build a rental apartment in the home that she co-owns with her sister and brother-in-law, so that she can afford to live without roommates for the very first time.
Design Theme: Canadian Cabin Fever
Purchase Price: $626,000
Realtor Appraisal: $725,000
Increased Property Value: $99,000
Chosen Renovation Option: $55,000 – Large one bedroom with open concept living/kitchen and 4pc washroom. Expected rent of $1000/month.
Alternate Renovation Option: $60,000 – One bedroom plus den with open concept living/dining and smaller 4pc washroom. Expected rent of $1150/month.
Real estate terminology can be confusing – particularly when you’re buying your first home – and one of the things people seem to get the most confused about is mortgages. It’s understandable.... Read More »