To Granny Flat or Not To Granny Flat

Everyones looking for a house with a studio these days, the potential for a home business, guest accommodation, teen breakout space, air bnb the list goes on and on. So is it a wise move, what are the red flags and will it make me plenty of money when I sell? Under new councils rules, you are able to build a studio of a certain size without council approval. Check with your builder to ensure its legal, if not don’t do it. When you go to sell an illegal structure it will create endless problems, so do it right in the beginning. Its also important to consider what you will be using the studio for, if you want paying guests or clients it most likely needs to be set away from the main house for privacy. Quite often the addition can cost more than you will reap in the immediate future.