Thursday, Sep 27, 2012

He flips for homes
Renovator/designer truly lives his work
By MARCY CORNBLUM, Special to QMI Agency

Photo courtesy of HGTV.

“A gypsy” is what Peter Fallico calls himself.

“I move around a lot,” says the well-known TV designer and renovator. What Fallico actually does is buy properties, live in them, renovate them, then sell them.

Thus, the real-estate-meets-design reality program Home to Flip (airing on HGTV Monday nights), of which he is host and associate producer.

The adage “One man’s trash is another man’s treasure” rings true in this scenario.

“I collect a lot of stuff,” Fallico says. “It can come from building suppliers, Goodwill, flea markets or discarded items left out on a curb.”

His detailed carpentry work, signature touches and his cost-saving tips have made him a must-watch for people thinking about renovating their living space.

View the photo gallery of Peter Fallico's home.

Fallico, whose previous shows include This Small Space, Home To Go and Home To Stay, is developing a new series for HGTV with a planned fall broadcast premiere. The as-yet-untitled show, he says, will be about “updating the home to suit the people who have lived there for a while.”

Fallico invited Star Spaces into his current home.

Q: How would you describe your home in a few words?

A: Comfortably tailored. A gentleman’s den.

Q: Tell us about your home.

A: I’m living on the first floor in one of my income properties. It is a triplex. It is approximately 850 square feet.

Living on the main floor gives me access to my backyard, which I use in the summertime. My bedroom is located in the basement. It’s carpeted, with a fireplace.

Q: What attracted you to this space?

A: The income potential and the large detached garage, which I’ve converted into my workshop/studio. I live my work.

Q: What is your favourite room and why?

A: The dining room because it is also my home office. I love the multi-functionality of the room. It has a formal chandelier. It doesn’t look like an office space. I’m surrounded by built-in cabinets that display my decorative pieces. In one cabinet I keep my printer and fax machine. In the other you’ll find things for the dining room such as china and stemware.

Q: How would you describe your decorating style?

A: Practical and eclectic. I love organized interiors with a built-in look. I don’t like to waste anything. I come from a family of savers. Even though now that I can splurge, I still appreciate everything.

The artwork I’ve collected is vintage. My three favourite pieces are two abstracts and a silkscreen.

My couch in the living room is brown-beige in colour and made of soft Italian tweed.

Depending on the time of the year, I will bring out the things that I love and surround myself with them. For this past Christmas, I had ornaments, candles and a big ivory poinsettia on display. My home is very functional. I’m not the don’t-go-past-the-velvet-rope kind of guy.

Q: What is your fondest memory in this home?

A: The outdoor dinner parties. I’m a big fan of ordering in food and then adding my own homemade touches.

Q: What’s the one item in this house you can’t live without?

A: The built-in storage in the dining room.

Q: Weekends at home, what are we most likely to find you doing?

A: Creating in the workshop. I take old pieces and restore them.

Q: If your walls could talk, what would they say?

A: “Welcome! Stay a while!”

View the photo gallery of Peter Fallico's home.

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