From extra income to a separate living space for family, there are plenty of reasons to consider adding a granny flat to your property. Explore 13 of the top benefits of having a granny flat.
13 top benefits of having a granny flat
Added income -As an added extra source of income, a granny flat can make an excellent rental option or holiday home.
Family space - Having a separate space for family and friends to stay at when they visit can save you money on accommodation and give you more privacy at the same time.
Easier to move in elderly family members - Having a well-designed granny flat on your property makes it easier for elderly members of your family to move in with you as they will be able to have greater independence without having to worry about looking after a house as well.
Give the kids their own space - If your children are still at home, they will probably enjoy having their own space and the opportunity to socialise with friends outside of the family home.
Security and privacy - A good granny flat layout can provide you and your children with more privacy and security as they will not be living in the house at the same time as the rest of the family.
Guest room/guest house - If you have a property which is already being used as a guest house or Airbnb, the addition of a granny flat will allow you to accommodate even more guests without the need for an extra property.
Potential rental income - If you have spare land on your property which is not currently being used as anything else, the addition of a granny flat can help you to generate some extra income by renting it out as an investment property.
Additional storage space - A granny flat will provide extra space which can be used for storage or as an office without having to build a new building or an extension onto the main house.
Up-cycling/eco-friendly - Converting an old shed or barn into a granny flat is a great way to make use of otherwise unusable space while also making a positive impact on the environment by reducing your carbon footprint.
Flexibility with home design - Adding a granny flat to your home gives you the opportunity to design it however you like without having to stick to specific regulations regarding your main house which you may not want anyway.
Extended value to your property - By adding a granny flat to your property you are increasing the value and saleability of your property as well as giving you more options when it comes time to sell in the future.
Rent out one and sell the other - If you already have a property that you would like to rent out but don’t need the extra space, adding a granny flat will provide you with a way to generate additional income without increasing your housing expenses at the same time.
Privacy from noise - By installing a fence between the houses you can have more privacy in your granny flat as well as provide a barrier against any potential noise disturbances.
FAQs
Q: Why is a granny flat so important?
A granny flat is an amazing addition to any home, and its importance cannot be overstated. A granny flat allows elderly family members or friends to live independently in their own space, freeing up valuable living and storage space in the house.
Q: What are the advantages of having a granny flat on your property?
There are many advantages to the humble granny flat! The most obvious advantage is that it provides additional living space for your family. Many older relatives would prefer to continue to live in their homes as they get older, rather than move into a retirement village or aged care facility. By allowing them to stay in the family home, they can continue to enjoy the company of their family and extended family without having to move out of the community that they have lived in their entire lives.
Q: What types of people would benefit from a granny flat?
Anyone whose family is getting older could benefit from adding a granny flat to their property. However, they are particularly beneficial for people who have lost a spouse or partner and want to keep other family members close by. A granny flat can also be used as accommodation for a family member who needs assistance with their day-to-day life due to old age or disability.
Q: How would having a granny flat benefit my family?
Having an additional house on the property would be a great asset to your family. It would allow your family members to stay together in the same community for longer, and avoid the hassle of having to move relatives into separate homes after their parents pass away. It would also allow you to have more space in the main house for other members of the family who need their own room.
Q: What are the benefits of a granny flat for elderly people?
Elderly people who are no longer able to care for themselves and require ongoing care can benefit from living in a granny flat on their property. The granny flat can provide a separate space for their loved ones to remain close by, whilst still giving them the opportunity to live an independent life and maintain as much independence as possible.