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.
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 »