Welcome to the Episode Guides! Check out your favorite episodes, complete with Source Guides, to help with your design and renovation planning.
Income Property: Pat, Kelly & Nancy
Episode Theme: Retiring at Home
Kelly and Nancy need to build an apartment in their mom’s basement so she can have a healthy house – and afford to stay in it.
Design Theme: Scarborough Scandi
Purchase Price: $210,000
Realtor Appraisal: $650,000
Increased Property Value: $440,000
Chosen Renovation Option: $85,000 – Three bedroom apartment with open concept living/dining and 4pc washroom. Expected rent of $1400 per month.
Alternate Renovation Option: $80,000 – Large two bedroom apartment with open concept living/dining and 4pc washroom. Expected rent of $1100 per month.
Estimated Monthly Rental Income: $1,500
More to Explore...
There’s no better way to preserve the value of your house than with regular, consistent homemaintenance. So every time the seasons change make sure you do a thorough check of your house... Read More »
When I started investing in real estate over 15 years ago I had no experience and didn't really know what I was doing. As a result, I made a few mistakes. But... Read More »
There will be those who tell you there is no “off season” to sell your home, but for me there are clearly times during the year when the buyer pool is smaller.... Read More »