Why You Should Consider Building a Granny Flat on Your Property
By now you’ve probably heard that the QLD Premiere has announced that homeowners will be encouraged to rent secondary dwellings for the next three years under emergency planning changes expected to house thousands of Queenslanders.
Or perhaps, you've been dreaming of a place for your parents and grandparents to live closer to home.
Either way, you might be wondering, “Can I build a granny flat on my property?”
The answer is almost always, yes! If you develop this building on an existing property, you'll allow parents and grandparents to live close by while maintaining ties across generations. Additionally, if you're looking for extra income or ways to increase the value of your property in addition to housing for family members, this solution may be right for you. It is also more affordable to build than full-sized homes, and they are an ideal option for families that need additional space. Town planning consultants such as Tactica can help to ensure that all Council regulations are met, making the process of constructing one much easier and more streamlined than trying to do it alone.
What is a granny flat?
A granny flat or secondary dwelling is a small self-contained living unit typically located on the grounds of a single-family home. They are also sometimes called in-law units, secondary suites, auxiliary units or accessory dwelling units. Whatever you call them, they can provide a number of benefits. Whether you're looking to downsize, earn rent, operate a bed and breakfast, or simply need a place for your relatives to live, it offers a wealth of benefits. Some simple tips for property development include choosing the right location, carefully designing the layout of your house, and consulting experts on your granny flat design. Here are just a few reasons why you should consider building a house with a granny flat.
Extra Income
One of the biggest benefits of owning a granny flat is the extra income it can bring in. If you choose to rent it out, you can generate significant additional income each month that can be used to help offset your mortgage payments, pay for home repairs and improvements, or simply save for a rainy day.
Housing for Family Members
Another great benefit is that they can provide housing for family members who may not be able to afford their own place otherwise. If you have an aging parent or adult child who needs a place to live but can't afford market-rate rent, this could be the perfect solution. Not only will they have their own space, but they'll also be close by if you need to provide assistance.
Increased Property Value
In addition to generating extra income and providing housing for family members, granny flats can also increase the value of your property. Because it is typically built on existing properties, they add value without requiring you to purchase additional land. And because they're self-contained living units, they're often seen as valuable additions by future potential buyers.
As you can see, home and granny flat plans are a great way to optimize the living space in your home, whether you need an extra bedroom, home office, or space for entertaining guests, with plenty of great ideas to choose from. You can go for a traditional design or something more modern. There are even some really funky designs out there if you're feeling adventurous.
The benefits of building a granny flat are countless, if this is your first time, you may require support. Things will go as smoothly and quickly with Tactica on your side because we are experts at dealing with all types of projects!
Our team is ready - just give us a call 07 5677 0505!