Home Renovation with Basement Suite – Fort Sask Reno
Hey everyone, Jim Beaulieu here, alongside my son, Tom. We are Fort Sask Reno, and today we’re excited to give you a walkthrough of one of our latest projects here in Fort Saskatchewan. This late-60s bungalow is being converted into two units, complete with a legal basement suite. We’ll share the details, challenges, and plans for this exciting transformation.
The Project Overview: A Legal Basement Suite Conversion
This project is all about giving new life to an older home by turning it into a modern two-unit property. Tom, who has been leading this project, has a lot to say about what we’re doing here.
Renovation Goals:
- Convert the basement into a legal suite while adhering to all regulations.
- Modernize the home’s exterior and interior.
- Take advantage of government programs to maximize value for the homeowner.
Why a Basement Suite?
There are several benefits to adding a basement suite:
- Extra Income: Basement suites make excellent mortgage helpers.
- Increased Property Value: With proper upgrades, the home’s value will increase significantly.
- High Demand: Fort Saskatchewan has a less than 1% vacancy rate, making rental properties highly sought after.
Additionally, new federal government programs set to launch in January allow loans up to 90% of the post-renovation property value, making projects like these more accessible.
Exterior Renovations: Transforming the Home’s Curb Appeal
New Windows and Doors
One of the first upgrades is replacing the home’s windows and doors. We’ve ordered triple-pane Lux windows that provide excellent insulation and soundproofing. These windows were chosen after extensive research to ensure they offered the best value for our client.
Siding and Egress Windows
- The exterior will feature gray Hardy Board siding, a modern and durable choice.
- We’ll also add an egress window on the side of the house to meet the legal requirements for basement suites. This involves enlarging the existing window by about 10 inches.
Enhancing the Lot
This home has a large driveway capable of holding up to six vehicles, making it ideal for tenants. The neighborhood is filled with mature trees and wide lots, offering a spacious, family-friendly environment. Unlike newer areas with cramped driveways, this property offers plenty of room.
Tackling Stucco Exteriors
Older homes with stucco exteriors present unique challenges, but there are several ways to address them:
- Asbestos Testing: Before removing stucco, we test for asbestos to ensure the safety of our workers and homeowners.
- Stucco Removal: If asbestos is not present, we grind off the stucco to create a clean slate.
- Insulation Upgrade: Adding two inches of insulation can drastically improve energy efficiency, especially for homes with outdated R-values.
We also explore siding options, from vinyl and metal to Hardy Board, offering a range of styles and budgets for homeowners.
Interior Updates: Creating a Modern Living Space
Main Floor Upgrades
The upstairs portion of the home is getting several updates to make it more functional and inviting:
- Kitchen Remodel: The new kitchen will have an L-shaped layout with white shaker cabinets, quartz countertops, and a central island. The sink will be positioned under a window for a more pleasant view.
- Flooring: Seamless vinyl plank flooring will run throughout the home for a cohesive look.
- Feature Walls: We’re considering black shiplap accents to add a modern touch to the dining and master bedroom areas.
Bedroom and Bathroom Improvements
- Master Bedroom: Dual closets will be refreshed, and new doors and hardware will be added.
- Main Bathroom: While the shower will remain, we’ll update the vanity, lighting, and fan for a more modern feel.
Designing the Basement Suite
Kitchen and Living Area
The basement suite will feature:
- A small kitchen with cabinets, countertops, and appliances along one wall.
- A central island for added workspace and dining.
- A living room area with updated lighting, including LED pot lights for a bright, modern feel.
Bathroom Redesign
The basement bathroom will be significantly upgraded:
- Expanded Layout: The bathroom will be extended to create a more spacious design.
- Custom Tile Shower: Featuring popular Carrera tiles with a timeless white and gray pattern.
- Improved Ventilation: A new fan and possibly a pot light will be added for functionality and ambiance.
Basement Bedroom
- The bedroom will have an enlarged egress window to meet safety standards.
- Vinyl plank flooring will ensure durability and a cohesive look with the rest of the suite.
Overcoming Challenges: Asbestos and Older Home Features
Older homes often come with hidden challenges, including asbestos. It’s crucial to test for asbestos in:
- Drywall compound.
- Stucco.
- Flooring tiles.
- Pipe insulation.
By addressing these issues upfront, we ensure the safety and longevity of the renovation.
Parking and Access
Legal Requirements
For a basement suite to be legal, the property must provide enough parking for three vehicles, with at least one space allowing independent access. This home’s spacious driveway easily meets those requirements.
Shared Spaces
While the basement tenants will primarily use a separate entrance, there will be shared areas, such as access to the backyard. A solid-core, self-closing door will separate the two units for privacy and compliance.
Benefits of Adding a Basement Suite
Financial Advantages
- Rental Income: Basement suites in Fort Saskatchewan can rent for around $1,500/month plus utilities.
- Government Programs: The upcoming federal program will provide financial incentives for projects like this, making it easier for homeowners to invest in renovations.
Long-Term Value
Basement suites not only provide immediate income but also significantly increase a home’s resale value. As Fort Saskatchewan continues to grow, properties with rental units will remain in high demand.
A Walkthrough of the Project
Exterior Tour
- Windows and Siding: The home’s tired exterior will be refreshed with new windows and Hardy Board siding.
- Driveway and Yard: The large driveway and spacious yard make this property ideal for families or multiple tenants.
Interior Highlights
- Main Floor: The upstairs will feature a remodeled kitchen, updated bathrooms, and fresh flooring.
- Basement Suite: The new suite will have a functional layout, modern finishes, and a separate entrance.
Final Thoughts
This project is a perfect example of how Fort Sask Reno can transform an older home into a modern, functional space. Whether you’re looking to add a rental unit, update your home, or improve energy efficiency, we’re here to help.
If you’re considering a basement suite or any home renovation, give us a call at 780-271-4312 or visit our website at www.fortsaskreno.com. Thanks for joining us today, and we look forward to helping you with your next project!