A granny flat or Premium Pod will instantly add value to your property, making it more desirable should you be planning to put your home on the market, or offering long-term financial gains if you’re staying put. They’re also a cost-effective upgrade when compared to major structural renovations or moving house, meaning that you’ll most likely come out financially ahead if you opt for an ADU.
To work out how much value a granny flat could add to your property, research recent property sales in your area to gauge the potential increase in property value. Look at the size, finish quality and other attributes of granny flats in your area to see what provides the biggest bang for buck when it comes to boosting property values. There’s also the return on investment to consider if you rent it out.
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