Granny Flats

How Granny Flats Can Add Value to Your Home or Investment

If you have excess space on your property and are not sure how to make the most of it, there are some great options available to you. You could landscape this yard space, or perhaps construct something for the kids. But when you really want to add value to your home, there is one task that proves very popular: building a granny flat. When you wish to make renovations or additions to a property, one of the biggest impediments can be red tape. Applying for permits and getting permissions from councils can be time-consuming and costly. However, with a granny flat, the process can sometimes be incredibly simple.

Granny flats have become more than just the retired home of granny in the backyard. These outbuildings have become potential money spillers for passive income when rented out or as a space to have a home office. The amount of value that a granny flat will add to your home varies depending on your property and the type of granny flat you wish to build. However, it is essential to be careful and make sure you are using the space appropriately. You do not want a granny flat that dominates your land or removes every single piece of green space you have. Consider whether an internal or external construction is going to work best from your property and work from there. You could also turn your garage or unused space under the house into one.