Mike Holmes is a Canadian real estate expert, home renovation specialist, author, and popular public speaker. With more than 35-years in the construction industry, it came as little surprise when Holmes was brought into the HGTV Canada family. Since then, Mike has been working with the Network for over two decades, appearing on multiple shows in the process.
Moreover, he has also enjoyed limited appearances on shows like Home to Win, and the Ellen DeGeneres Show. His time on television has resulted in a sizeable bank account. This is what you need to know about Mike Holmes income sources.
Net worth and Income.
Holmes’ first major source of income was his work in construction. He launched his construction company when he was just 21 years old. On average, it is estimated that contractors like him generate an average of $50,000 to $90,000 a year.
Owing to his undeniable popularity, we can assume that Mike’s salary falls on the higher end of this salary cap. This business eventually grew to incorporate Mike Holmes Inspection. They offer services such as Mold Inspection, Radon Inspection and Premium Home Inspections.
As a real estate investor, Holmes generates an additional $118,000 every year in profits. All this comes from his impressive real estate portfolio spread across Canada. Perhaps his most reliable stream of revenue is his work on television. As of 2021, Mike has worked on over 34 different shows.
These include HGTV programs like Holmes Inspection, Holmes on Homes, Lien on Me, Canada’s Handyman Challenge, and Home Free, for example. In total, it is estimated that his programs are viewed in over 90 different countries.
After an extended run in television, Mike gradually transitioned into the production aspect of things. He currently has 9 executive producer roles under his belt, working on programs such as Buy it Right and Family Rescue.
As an author, Holmes has five different books to his name. One of his most popular titles is ‘Home Renovation with Canada’s Most Trusted Contractor.’
Presently, it retails for $35 on Amazon. Tallying all of his exploits, Mike Holmes’ net worth is reported to be $30 million.
Mike Holmes Houses
Because of his impressive bank account, Mike has a few properties to his name. His current residence is based in the Georgetown area. The property sits on an impressive 2,000 square foot compound that boasts amenities such as an expansive green yard, and even a nature trail.
The home can trace its routes back to the 70s when a German man and his wife acquired it. After he bought the property, Mike set out to make a few renovations. He installed an outdoor cabana and jacuzzi, fireplace, and even new flooring.
Besides this property, Mike also reportedly owns another house located in Thousand Islands. Sources say that the property has 2 bedrooms and 2 bathrooms. However, its most impressive feature has to be the 12-foot sliding glass doors Mike and his team installed.