Welcome to the Episode Guides! Check out your favorite episodes, complete with Source Guides, to help with your design and renovation planning.
Income Property: Liza, Mary & Stella
Liza, Mary, and Stella need to build an income suite in Liza’s basement for their mom and dad to live inexpensively. This is really a story about generosity.
Design Theme: Tailored to be Pretty
Purchase Price: $422,500
Realtor Appraisal: $480,000
Increased Property Value: $57,500
Chosen Renovation Option: $50,000 – Finish the basement to create a one-bedroom apartment with a shared landing. Anticipated rent of $750 per month.
Alternate Renovation Option: $65,000 – Finish the basement to create a two bedroom apartment with an office and no shared space. Anticipated rent of $1000 per month.
Estimated Monthly Rental Income: $1,000
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