The Advantages Of A Sips Granny Flat

It is often used as a living unit or a small apartment and it has its own separate entrance

. It is constructed with structural insulated panels, otherwise known as SIPs, which are a building material made with insulating polyurethane foam and plywood or oriented strand board. Here are some of the benefits that it brings:

Rental Income

One of the main advantages to having a SIPS Granny Flat on your property is that you will be able to rent out the unit to a tenant and bring in some extra income. Since the SIPS Granny Flat can be built with its own kitchen, bathroom and everything that your renter will need, there is no need for them to share your house with you. You will have all of the benefits of having a tenant while maintaining your privacy and not having to share a space with them under the same roof.

Most people who rent out their SIPs granny flat find that it pays for itself within 5-7 years. After it has paid for itself it will provide a steady income which can really come in handy. You could use the income to pay down your mortgage, or live on the rental income so that you can quit your job or go part time. A granny flat can also greatly increase the value of the property and improve upon empty and wasted yard space.

Housing for Extended Family

Perhaps you have older relatives or parents who are getting a bit older. They are not independent enough to live on their own but you do not want them to go live in a home. This is where granny flats got their name, because they are a great solution for housing elderly parents. They will be right near to you if they ever need your assistance or company, but they will also have their own space and privacy. You can check in on them whenever you like to see how they are getting along. It can be much easier to promote family harmony when the parents are living in a SIPs Granny Flat rather than inside the house, because you will have enough distance and personal space to avoid conflict.

Guest House

Your guests will have lots of room to themselves and will be able to enjoy complete privacy while they are staying with you. You can make your granny flat guest house into a perfect place to stay by adding special touches such as cute soaps, chocolates, and pretty towels. Your guests will feel like they are staying at a fancy hotel! In fact, you could even rent out your granny flat to visitors bed and breakfast style.

by: James P Martin

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