If you're considering renovating your Edmonton home, adding a secondary suite can be a smart move. It not only enhances your living space but also opens up opportunities for rental income. Before you dive into the renovation adventure, let's break down some key aspects.

Costs

Renovation costs can vary, but it's essential to budget for both the construction and potential hidden expenses. On average, expect to invest $50,000+, but this can go up depending on the extent of the changes needed.

Permits

Edmonton has specific regulations for secondary suites. Before you start knocking down walls, check with the city to ensure you're compliant. Permits are required, covering safety and zoning regulations. It's a crucial step to avoid issues down the road. You can visit the official City of Edmonton - Secondary Suites page, with information on permits, guidelines and regulations for suites in Edmonton.

Things to be Aware of

Consider the existing layout of your home and how the addition will impact it. Plumbing and electrical systems might need adjustments. Also, think about the logistics of creating a separate entrance for the suite.

Potential Pitfalls

Renovations can uncover surprises. Be prepared for unexpected challenges, like outdated wiring or plumbing issues. Having a contingency fund will help you navigate these bumps in the road without derailing your project.

Benefits

Adding a secondary suite comes with perks. Beyond extra income from renting it out, it can increase your property value. The additional living space can also make your home more attractive to potential buyers if you decide to sell in the future.

Other Considerations

Think about the type of tenant you want to attract and design the suite accordingly. Also, keep in mind that managing a rental property comes with responsibilities, so be ready to take on the role of a landlord.

In a nutshell, renovating to add a secondary suite in Edmonton can be a game-changer. Just be sure to do your homework, secure the necessary permits, and have a realistic budget in place. It's an investment that can pay off both now and in the future.

Here are a couple more resources that may help:

Alberta - Secondary suites - Building codes

RenovationFind - What is Needed to Build a Legal Secondary Suite in Edmonton

Happy renovating!
Jason

(NC) For many of us, the aesthetics of our home –– a colourful garden, new furniture or trendy appliances –– often become our primary focus. But this can leave little time for unseen elements that can become a safety hazard.

Something overlooked like a loose or frayed cord can spark a house fire, and this happens most frequently during the winter months, according to the Canadian Red Cross.

It doesn’t take much for a fire to start in your home, but it doesn’t take much to prevent one. That’s why around this time of year, it’s crucial to take small, precautionary measures that will keep your family out of harm’s way. Here are four easy steps for a fire-free home:

1. Develop a fire escape plan. Should a fire occur, it’s important to evacuate the home as quickly as possible. Creating a fire escape plan and practicing that plan twice a year will help ensure the safety of your loved ones in the event of a fire.
2. Check smoke detectors frequently. A functioning smoke detector can be the difference between a false alarm and a life-threatening scenario. Install them on every level of the house and take the time to test them monthly, replacing batteries at least twice a year; daylight saving time always serves as a good reminder.
3. Store and recycle batteries the right way. Once you have changed the batteries in your devices, be sure to recycle the old ones. Used batteries that are disposed of or stored incorrectly or damaged can be a safety hazard. Keep your home and the environment safe by recycling all your old batteries. Call2Recycle Canada has more than 8,000 drop-off locations across the country, so one is bound to be close by. You can visit their website at call2recycle.ca and plug in your postal code to find one closest to you.
4. Pay attention to detail. Have an eye for the little things. Make sure your home’s heating sources are clean, as many house fires are started by poorly maintained furnaces or stoves, or chimneys with buildup. Check wiring and cords and fix or replace any frayed extension cords, exposed wires or loose plugs. Finally, make sure to store combustible materials in open areas and away from heat sources.