If you are currently blessed with a very young family then there are many fun and exciting days ahead of you as they learn many new things and they will have many questions for you as well. This is all part of growing up and it is your role as a parent to try to answer as many questions as you can. Children are fantastic when they are young and they are generally easy to please and find almost any activity exciting. Any person will tell you that as your kids grow older and they become teenagers, they definitely do begin to change and sometimes not for the better. They may make demands on you as a parent that they need their own space and they no longer want to share a bedroom with their brother or sister. This is all part of growing up but many parents find it incredibly difficult because their home is much smaller than it was at the beginning because now it is full of kids.
I suppose you could move house but this would involve great expense and would mean uprooting your family from a location that they love. The best thing to do would be to talk to your local building contractor about how they can come up with some space that might already be available on your current property. One suggestion they might make is to build some granny flats and this will help to fix your problems almost immediately. The following are some of the benefits of building such a property.
- It is created quickly – Most granny flats can be built in 12 weeks or less and so your problems with regard to space can be addressed quite quickly. Your teenager may be becoming increasingly impatient and so anything that cuts down the amount of time to meet their privacy needs is a very positive thing indeed. Getting planning approval for a granny flat is a lot easier to do than when you are building a full-sized home. It is also incredibly affordable to build when you consider the costs of starting a new home from scratch.
- Extra rental income – When your kids finally leave the nest and they will, you will be left with something that will help you to generate extra rental income in your retirement years. You can either read about over the long term which means you are receiving monthly payments that can cover the cost of building the granny flat initially in no time at all. If you decide to just rent it out on a regular short-term basis then it will create even more income and you could advertise it as a small family holiday home.
As you can see, building a granny flat is a pretty smart financial decision indeed as it addresses your space issues when it comes to your kids and it can later generate additional income that will make your life a whole lot easier.