Building a new home is both an investment and a lifestyle change for most homeowners. Yet, building your garden suite at your new residence, whether it is a new build, resale, or remodel of an existing property is a lifetime investment for most homeowners. Buying a garden suite is a smart move for first time home buyers, investors, rent seeking tenants, and anyone looking for an addition to their current residence. Read on to find out why investing in your own garden space is smart, profitable, and will increase your home’s value-all while giving you more space in your yard.
What Is The Cost Of A Garden Suite In Edmonton – Alberta? The price you pay for a new secondary suite is dependent on a few factors. The size of the property, the lot it is built on, the province you reside in, the number of rooms you want, and the type of windows you require are just a few of the factors that determine the total cost of a garden suite. Building a garden suite Edmonton, can be one of the most expensive investments in your home; yet, if it is done correctly, and according to the manufacturers guidelines, it can also be one of the most rewarding. There are several programs available to Alberta homeowners to help lower down the cost of buying homes, building new homes, remodeling existing homes, or creating renovations.
How Does An Operating Agreement Work With My New Single Detached House? An operating agreement is a contract outlining the details of your new secondary suite with your landlord. This document outlines your rights as a tenant, explains your obligations to your landlord, and sets out all the relevant rules, regulations and restrictions associated with your property. The lease agreements covering your new secondary suite in Edmonton, will need to include an outline of all the applicable Edmonton eligible costs.
Can I Choose My Own Landscaping Company? While your operating agreement with your new garden suite edmonton, will include detailed instructions and specifications regarding your garden suite, it may still be necessary for you to hire a landscaping company to draw up your gardening plan. This is especially true if your property is large or you have unexpected tree or plant growth in the yard. A good landscaping company in Edmonton, will not only design your garden suite, but will also handle any issues that may arise with your property such as removing dead leaves or installing fencing to enclose your garden.
What Are The Costs For Utility Fees And Taxes? Just like any other home in Alberta, the operating costs of a new garden suite in Edmonton will depend on a variety of factors. These include the amount of energy you use to heat or cool your water system, any electrical fees, HVAC (heating, ventilation and air conditioning) fees and other fees associated with your property. Depending on the size of your garden, your hydro and water usage may also increase. Operating costs for all of these items will typically be based on the square footage of your garden suite.
What Other Costs Will I incur? Depending on your property’s location within the city of Edmonton, your electrician and plumber may need to be contacted to install a new sewer line. All land owners in the area of your new garden suite in Edmonton are required by the city of Edmonton to provide you with a copy of their Permitted Development Certificate for their land when you apply for your new Secondary Suite. Many land owners in the Edmonton area will require additional permits once your garden suites are up on the property.