Will a granny annexe increase the value of my home?

Yes, a granny annexe can increase the value of your property. A granny annexe is a self-contained unit that is attached to your home and can be used as a guest house, granny flat, or studio apartment. It can be a great way to add extra living space to your home and can also be a source of rental income.

A study by Checkatrade found that on average, an annexe will raise the value of your property by 20-30%. This is because a granny annexe can make your home more attractive to buyers and can also increase the amount of space that you have available.

If you are considering adding a granny annexe to your home, it is important to factor in the cost of construction and the cost of any planning permission that may be required. However, if you are looking for a way to add value to your property, a granny annexe can be a great option.

Here are some of the benefits of having a granny annexe:

* **Increased property value:** As mentioned above, a granny annexe can increase the value of your property by 20-30%. This is because it makes your home more attractive to buyers and can also increase the amount of space that you have available.

* **Extra living space:** A granny annexe can provide you with extra living space, which can be used for a variety of purposes. For example, you could use it as a guest house, granny flat, or studio apartment.

* **Source of rental income:** A granny annexe can also be a source of rental income. This can be a great way to generate extra income, especially if you live in an area with a high demand for rental properties.

* **Increased privacy:** A granny annexe can provide you with increased privacy. This is because it is a separate unit from your main home, so you can have your own space without having to worry about disturbing your family or guests.

* **Increased security:** A granny annexe can also provide you with increased security. This is because it is a separate unit from your main home, so it is less likely to be targeted by burglars.

If you are considering adding a granny annexe to your home, I would recommend speaking to qualified professionals such as the team at Garden Annexes by GX Modular to get more information about the costs and benefits involved.