In the last few years, a lot of homeowners have been looking for additional living spaces or extensions to their homes. Thus, people have been interested in granny flats. These structures are miniature forms of your home inside your huge property. In Liverpool, New South Wales, the real estate market has noticed a rapid growth in the number of people interested in building such miniature flats.
Granny flats in Liverpool can provide homeowners with numerous benefits. They have a lot of different uses and applications. You can use them as a home office, rent them out, create an accommodation for a family member and more. These flats are also called mini homes, secondary homes and secondary dwellings.
Why is a Granny Flat in Liverpool Popular?
In recent years, these flats have been quite popular. With the ever increasing real estate prices and rents, teenagers and adult kids have been forced to stay at their parents’ homes for extended periods. Parents always want their kids to achieve some level of independence. However, they also want to save some money. This can be a difficult situation. Mini homes can be appealing to these parents.
Secondary dwellings are also popular as investment properties. They are very affordable to build and maintain. Thus, they can increase your overall rental revenue. In fact, the extra income can also be used to pay off your pending mortgage. Some homeowners believe mini homes are the perfect solution for crowded cities like Liverpool.
How Can Granny Flats Be Used?
These secondary dwellings have a lot of different applications. A homeowner can use them in many different ways according to his needs, requirements and lifestyle factors. Some common applications have been discussed below.
Home Offices – These flats can be easily turned into home offices. This allows you to save a lot of money on travel expenses, food expenses, and even enjoy a better lifestyle. You will be able to work from the convenience of your home.
Housing Elderly Parents – If you don’t want your elderly parents to live in a care home, you can construct a secondary dwelling to serve their needs. As the name suggests, granny flats are ideal for elderly citizens.
Accommodation for Young Married Couples – Newly married couples want to save their money on lodging. These flats are perfect for such couples in Liverpool. They allows them to save a lot of money.
Rental Income – As mentioned earlier, a lot of people rent out these establishments. In fact, you can live in the granny flat yourself, and rent out other bigger sections of the house to earn more revenue.
Hobby Space – In case you’re interested in some hobbies, your granny flat will be a great place to spend time efficiently and productively.
More Bedrooms – Constructing a secondary dwelling is way more affordable than completely renovating your entire house. Your kids can use these mini homes. When they move out, the space can be easily rented.
Choose Liverpool Granny Flat Experts
Granny Flat Solutions has been serving the needs of New South Wales residents for many years. Our qualified professionals are dedicated and committed to provide the best construction services. We deal with only quality materials to offer the best value for money. A Liverpool granny flat will be able to enhance the aesthetic appeal of your home, and even offer some extra space in your home.