24 Dec Why Build A Granny Flat?Benefits you must know
When you choose to invest, it is very important to make sure that you know what your investment can do for you. Whether you decide to place your money in stocks and bonds, or in real estate, there is always a risk. There is nothing worse than losing all of your hard-earned savings in a poor investment. However, some investments have greater safety and are more likely to give you tangle returns than others. In this blog, we’ll walk you through why a granny flat would be a good investment for you.
A granny flat is a small building that you can build outside of your house. Many are the size of baby cottages; they are fully furnished living quarters that are often the size of small apartments. So why is a granny flat a good investment? Aside from the fact that a granny flat can draw in monthly income if you rent it out to tenants, it can also increase the value of your house by 30%. As such, when you eventually decide to sell your house, you’ll be able to negotiate a much larger sum of money than would have previously been possible.
Increased Income: building a granny flat is one of the easiest and most affordable ways that you can use to increase your monthly income. When you rent out your granny flat to a tenant, this will result in you being able to draw in more money at the end of the month. As such, you won’t have to worry about promotions or bonuses from work being the only way for you to draw affluence and spoil your family with vacations or holiday presents.
Accommodations for family: Granny flats do not always need to be built as a way for you to generate more money. You may simply be looking for a great way to extend your house so that you can accommodate more of your loved ones without squashing people up in your guest bedrooms.
Granny flats are a great way to do this. They provide any additional family members that you may have living with you with their own spaces while maintaining the sanctity of your space as well. However, if you don’t have any extended family and would simply like to create an extra room for yourself (that is far away from your screaming children), a granny flat would also be a great option. It can provide you with the perfect work, or rest, an environment without requiring you to have to leave your house.
Here at G B C, we enjoy constructing beautiful houses and improving our customer’s lives.If you’d like to build the perfect granny flat, contact us today and we will help you achieve this goal.
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