If Goldie Hawn and Kris Jenner are showcasing grandmothers as more glamorous than ever, it only makes sense that the good old ‘granny flat’ gets to enjoy the same level of glow-up.
Gone is the red brick of yesteryear, replaced with stunning, modern, sustainable setups.
Welcome to the new world of granny flats!
A granny flat can be anything from a single room with its own entrance to a fully self-contained tiny house in your backyard.
Better still, a granny flat could be your own home office (or escape!), and as we spend more time than ever at home, the need for extra space is critical.
Because they are so flexible with how they can be utilised, granny flats can represent extra value for many sellers and buyers. Whether it’s a renovation of a granny flat you already have or you are building it from scratch, here’s a look at all the reasons you may want to consider this addition to your home.
Versatility
Creating a separate space in your home can be useful in many ways. If you have a big family, it could become a teenagers’ retreat, a guest room or a parents’ escape. And when it comes to working from home, a granny flat is the ideal space to stay productive – and creative; while keeping work separate from family life.
Become a super host on Airbnb!
Not all states allow for public rentals of granny flat dwellings, but if they do, you might be able to add some extra income by renting it out with minimal effort.
Of course, the compromise is that you’ll live near your tenant, but that could be a great thing! You might even make a new close (literally) friend.
Installing a granny flat.
Because granny flats have become so on-trend, there are countless options available. A kit could set you back as little as $30,000, or you could opt for a fully installed, plumbed and powered option, complete with ensuite, kitchenette and private decking area, and pay upwards of $120,000. It sounds like a lot of money, but the resell value this adds to your property could be much more.
But before you start planning a granny flat, it’s worth checking the planning laws for your area with your local council.
Still not sure? Many granny flats builders have showrooms or displays you can visit before you start checking out council rules or building. And, you’re not locked into how you use it … it can change as your family and life do – even until you become an actual granny (or grandpa) yourself.
Donna Etchells - McGrath Estate Agents 