Carefully planned granny flats can add real value to your home

In this day and age it has become increasingly common for extended families to live together on the one property. The savings offered to grown up siblings moving back in with their parents, or visa versa make this an attractive proposition for more and more Australians.

If you have elderly parents or in-laws who either live with you or are going to move in some time in the near future, you may like to consider the idea of a “granny flat”. Of course it could be that your grown up children are moving back in with you.

While granny flats may in fact be used for adults, guests or even teenage children, the term implies that this is living accommodation that is suitable for an elderly person, typically a parent. If this is the case, your motivation for building a granny flat may be because your elderly parents or in-laws feel unsafe living alone, or because they need assistance and don’t want to live in any type of old age home. It may also be because they don’t have the available finances to continue to live alone. (more…)