Home Forums Property Investment Selling Property Selling with a granny flat

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  • #561
    Sagem1935Sagem1935
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    Hello all, hope everyone is doing well.

    I am thinking about building a granny flat on one of my properties and was curious about how much value it will add if I decide to sell. Would be fully detached with a kitchen, bathroom, air-conditioning and 1 bedroom.

    Would this add additional value past what it would cost to build?

    #655
    Notheire1961Notheire1961
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    Generally the cost of a granny flat will increase the value of the property by around 75% of its cost. So if you spent 100k to build the flat, it would add 75k value.

    Granny flats are better for increasing the total cashflow instead of property value.

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