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Does a Granny Flat Add Value to Your Home?

Author: James Raad
by James Raad
Posted: Nov 21, 2017

Have an idea of adding a granny flat to your dwelling? Then, proceed now on! Don’t wait too longer, just start your search to find granny flats for sale in Sydney! You know that adding a granny flat to your home will make your home more spacious but you might not realize just how granny flats can add some value to your home. The below are few of the valuable points which clearly depicts the answer for "Does a Granny Flat Add Value to Your Home?"

Increase the Resale Worth of Your Home

Many homeowners say that after adding a granny flat, they were able to sell their house for more dollars. So, a granny flat is a worthy investment, i.e. you can get the money you spent on building the granny flat.

Make Money on the Granny Flat by Renting It

You can look for tenants and rent your granny flat. This means you could have some additional income that will help you pay off your mortgages or add in your savings account. As "N" numbers of people who are looking for places to stay that are affordable and more spacious, you should not have trouble of find the right tenant for your granny flat.

Granny Flats Can Acts both as Office and Home

When working from home, you might don’t have the enough room to accommodate an office space or else your home provides too much of distractions/hindrances. In such cases, a granny flat can be used to establish your business home front and also gives peace of mind.

Great Housing for Extra Family Members

Do you have elderly parents? Do you have a member of your family who needs a place to stay while maintaining the level of independence and stability? Granny flat or secondary dwelling can be the great option.

More Tax Depreciation

Having a granny flat that you’re renting out gives you extra claimable on your depreciation schedule. If you’re going to build a brand new granny flat, then you’ll be able to claim a good number of tax deductions which will help to balance the tax you have to pay each year.

As you can see, adding a granny flat is the worthy investment you will ever make. If you’ve been on the fence about adding a granny flat, now is the perfect time to do it. Get help from the Granny Flats Builders Sydney, the team of professional granny flat builders in Sydney.

As stated earlier, granny flats NSW are the great option for accommodating extended family, guests or seniors, merely considered as a secondary dwelling or home. Construction of granny flats comes with different options but the most preferred method is a brand new construction of granny flats detached from the main house. So start discussing granny flats prices in Sydney and choose the right granny flat design to meet all your needs and requirements!

The author is a Sydney-based homeowner who recently constructed a granny flat and in this article, he shares the benefits he enjoyed after building a granny flat. To know more about granny flats prices in Sydney, visit http://grannyflatsbuilderssydney.com.au

About the Author

Granny Flats Builders Sydney, a division of AMESCORP Pty Ltd (a second generation family owned business providing a complete “concept to completion” building and construction solution)

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Author: James Raad

James Raad

Member since: Sep 13, 2017
Published articles: 3

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