Today’s granny flat is widely popular and the most helpful thing globally. It helps to create a separate and extra space in your property. Due to rising rental prices, families, and population, residents are finding solutions in granny flat studios to solve these problems. If people have extra space as part of their property, they can now invest in granny flats and get better returns from them.
A granny flat studio is one of the best compact living solutions. In simple terms, the granny flat studio is a smaller and separate dwelling and shares the same space and zoning as the main property.
It is usually found as self-contained, which means they have their bedroom, bathroom, laundry, kitchen, and a living area. People built granny flat studios on their property to create extra space and give a unique look to their house.
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4 Reason For Choosing Granny Flats
There are several reasons why people choose to build granny flat studios on their property. Some of the best and most common reasons are discussed below:
1. Increase Space
if you want to create extra space in your home. It can be turned into a cafeteria, an office space, or a space for a start-up. You can also make your home office in the house with the help of a granny flat studio.
2. Keep your family close
one of the main reasons for choosing a granny flat studio is that it can provide extra accommodation for your extended family, elderly parents, and teenagers. The studio can be an ideal space for your children, to have events and friend parties of their own.
There are so many designs available in a granny flat studio; you can choose any suitable structure for your house to keep your family close.
3. Earn extra rental income
today’s inflation is rising across the world. Hence, most people choose to build a granny flat studio in their house or property to increase their income through rents.
But if you do plan to rent out your granny flat studio, you may also need to secure your privacy. You can create a different path from a granny flat to the street that could provide you with an extra bit of privacy for both of you so you can live your life happily and peacefully.
4. Increase your property value
You should choose better designs and colors for it because if you make it well, it will increase the value of your house, and if it builds badly, it can have the opposite effect on your property’s value.
Benefits of a granny flat studio:
Making a granny flat studio on your property has several advantages.
- You can provide your Granny flat studio on rent which helps to increase your income.
- Granny flat studio is a very cost-effective investment that helps increase extra space in your house so you can live your hassle-free life.
- Most of the people built Granny flat studios on their property to increase the value of their property.
Today’s the granny flat studio is considered one the most popular and widely accepted compact living solutions worldwide. You can use the DIY techniques to finalize the designs of the kitchen, the laundry, and the balcony area. Use a maximum of outdoor space to create a distinct appeal to your already-existing property. It is straightforward to add or renovate them, and also, you can change them according to your choice and needs. A granny flat studio provides a hassle-free way to add extra storage, a home office, a guesthouse, and more to your house.