Of course, one of the primary functions of granny flats is to provide shelter to the old folks who want to live independently without leaving their families entirely. There may be nursing homes around, but a flat just around the main abode’s corner is safer and more reasonable for some families. Keeping grandma and grandpa around is more important than just leaving them in an organization’s care.
If there are no old folks to reside in a said flat, then this extra living space can be an extra help for the family. For those who have children going to college, you can spare them the extra space as a quiet hideaway during summer vacations and holidays. This can help them develop their sense of individuality and responsibility as adults.
For families needing some extra cash, granny flats can help augment the family income by turning these living spaces into bed and breakfast, dorm, home for rent, or home office for an upcoming entrepreneurial venture. If this is what you have in mind, just be sure to check with your local government’s policies and needed documents or permits.
You will certainly enjoy searching for such living spaces because granny flats designs usually vary. You can find contemporary, classic, and ultra-modern designs that can meet the main home’s overall look. One of the websites you’ll find on the web is Valleykithomes and they have numerous designs to choose from. From single story units to vacation type kit homes, you will surely find these styles suitable for any type of purpose you have in mind.
However, unlike regular kit homes, granny flats are more cost-effective because they are usually smaller in size. But if you’d like the idea of renting one out or using it as extra living space for you and your family, a smaller unit may be enough.
With the high price of real estate properties, it is also impractical to just simply buy a new property somewhere in the suburbs. It is said that any functional and useful addition to a residential property can enhance its market value. Since you will be investing money on a granny flat, your entire property’s value can improve. If the flat will be rented out or it will bring extra income to the household, it can be considered as extra value as well. (Check http://www.valleykithomes.com.au/granny-flats-australia for options, dimensions, etc.)
Cheap granny flats can be of help to any household, especially today that the prices of commodities are soaring. If you have a plan to augment your family income or you wish to keep your old folks in your care, this flat can help you in many ways. You may be cashing out on your purchase, but you can surely save more in the long run.