The modern world has experienced a lot of creativity and evolution. From smart homes to new additions in a single living space; property owners are encouraged to think out of the box and maximize their space.
There are various home trends that we have seen in the past few years and granny flats in Melbourne are one of the many. It is a compact living solution that fulfills the needs of elderly people, without them having to move to an old-age house. This solution is not just a living space; it comes with a handful of built-in facilities that aim to make life easier.
Benefits of Granny Flats
If you are confused about whether this investment is beneficial or not, then here are some of its many advantages that you must know about.
Add Value to your Property:
When you decide to sell your home, a buyer looks at all the benefits that your space has to offer. Any additional space or structure will definitely be valuable for you and the buyer both. In today’s world, a granny flat is a thoughtful addition to a home and has a high ROI too.
Keeping everyone Together:
Our hectic daily routines often lead us into situations that separate our elderly from us. The hustle and bustle makes it impossible for everyone to stay together and manage life. But with a granny flat, it becomes easier. You can keep your elderly people close to you as the flat comes with all the facilities that they require for proper care. You can also keep a separate nurse for them to manage everything for them in the granny flat. When everyone stays together; life gets better.
Make it a Guest Room:
If you are looking for an additional income source, you can get a granny flat and turn it into a guest room. You can simply rent it out. As it is not directly connected with your home, it is a secure option. The concept of BnB rental has skyrocketed in the previous months and you can earn a good amount of money through this source too. It has proven to be a wonderful business model for a lot of people. If you have retired and are looking for a suitable income then this might be the best one for you.
Be Creative:
Your granny flat isn’t just for your elderly. You can add this space to your home for many other purposes. You can make your own studio or an art space or just an area to relax. Be creative and you will yield a lot of benefit from a granny flat.
CONCLUSION
Having an additional living space in your home is a wonderful idea. It can help you earn additional income or simply add value and space to your property. If you are planning to maximize your space, then a granny flat is certainly a smart choice to make.
