The property you live in is the pride of your family, but like a lot of Australian families, you may need a little more space. The house you bought probably seemed spacious when you were young, but now, with the arrival of children and an expansion of your needs, you probably need extra storage or living space. But the property market in big Australian cities like Sydney or Melbourne is growing steadily, and the dwellings available here may be outside your realm of possibilities. Therefore, one solution might be to call on professional home extension builders in Sydney to build the ideal extra living quarters for your needs.
But perhaps you are interested in capitalising on the progressive growth seen in the real estate market. Do you benefit from extra space on your lot and want to take advantage of it? Then with the help of granny flat builders in Campbelltown, you could build an ADU that you can rent out at a favourable rate. Do you instead want to house your elderly relatives when they decide to visit your family?
Then your ADU could act as an extra bedroom separate from your home. But what are the other advantages of a granny flat, and how can the professional services of home extension builders help you take your vision to the next level?
We propose to find out the answer to these questions and more in the following pages.
Why Use the Offerings of Experts?
Sydney is one of the most populated cities in the southern hemisphere, and the progressive increase in the number of people moving here in search of well-paying jobs has led over time to an affordable housing shortage, which is likely to affect you too. Are you someone who needs extra space for your family’s activities? Do you have children who have grown up and now need privacy? Are your parents getting older, and do you want to stay near them? Then calling on the professional services of home extension technicians could be crucial for your needs.
Home extension builders in Sydney could work with you to create a home extension design that blends in perfectly with the overall look of your household. The people you call on will have the expertise to advise on suitable building materials and will prioritise completing the work within the shortest time possible. Last but not least, using experts can be beneficial to ensure that your vision is in line with local and national regulations imposed by the Australian government.
A high-quality home extension could increase the market value of your home and give you extra space which you and your family can enjoy. Building a home extension can be more cost-effective than relocating to a larger home, and the potential resell value you can enjoy if you want to move to another area could translate into a positive ROI for your initial investment.
Why Should I Invest in an ADU?
Granny flats, also known as accessory dwelling units, are among the most popular secondary housing constructions commissioned by Australian homeowners. And the reasons for their popularity are apparent. Granny flats are inexpensive to build and can allow homeowners to benefit from extra living or sleeping space for each person’s needs. Have you always wanted a separate office? Then constructing an ADU with the help of granny flat builders in Campbelltown could be essential to your well-being. Are you interested in ways to generate passive income? Then a granny flat could represent an ideal way to create rental revenue.
Campbelltown is a quiet New South Wales suburb known for its luxurious homes and limited opportunities for affordable housing. Is your property built here? If so, an ADU, designed with the help of professional granny flat builders, will most likely always benefit from renters willing to pay a reasonable price for your unit. The rent paid for granny flats is usually lower than what is expected for apartments or a main house, which is beneficial for young tenants, but also for landlords, who are thus assured that they will always be provided with an occupied unit.
Moreover, ADUs add value to your primary property, translating into tens of thousands of dollars of profit if you relocate to another part of Australia.
Granny Flats or Home Extensions?
Both ADUs and home extensions can add value to your primary property and bring valuable extra storage space that you can use for your family’s needs. But there are differences, and your choice will depend on your property. Do you need an add-on to your existing home? Then a home extension is a suitable option for your use cases. Home extensions are often cheaper to build than granny flats because they use the structural elements of your home and are more practical if you want to increase the usable floor space of your residence.
However, do you live in an area like Campbelltown with substantial economic potential? Then an ADU built with the help of professional granny flat builders could benefit you. Granny flats are more versatile than home extensions, as they can be connected to your primary dwelling or detached from it.
ADUs are thus ideal for renting out at favourable rates, as well as serving as an extra bedroom in which to accommodate your close relatives. Like home extensions, ADUs can significantly increase the market value of your residence, but thanks to their rental potential, they are usually more valuable for property investors.
Play Your Cards Right
There comes a time in every family’s life when more space is needed. Maybe our children have grown up and require more privacy, perhaps we have friends coming from abroad, and we want to accommodate them; maybe our parents have grown old, and we want to be close to them, or you want extra living or storage space for your needs and passions.
Either way, you most likely don’t want to move out of where you’ve spent so many years, nor are you willing to pay an exorbitant price for a larger home in the same neighbourhood. Therefore, perhaps the best solution for your needs would be to call on the professional offerings of home extension builders to build an annex or granny flat near your primary residence.
These types of construction can be used in any way you wish, significantly increase your home’s market value, and even bring you tax incentives that will save you significant amounts of money. When professionally built, an ADU or home extension can be much more cost-effective than buying a new home, especially in the current climate of the Australian real estate market.
The practicality and customisation of these buildings can be a breath of fresh air that will allow you to give a personal touch to your household and help you expr
Also read: What are The Advantages of Employing Deck Builders?
