What are the advantages of Multi-generational Home Renovations?
Not everyone likes the idea of their parents or in-laws moving in with them. Multigenerational home renovations will provide the perfect alternative.
Instead of bumping elbows, you can give other generations of the family their own living space on the same plot of land. Keep reading to learn how to expand your existing home into a multi-home.
🤔 What is a Multigenerational Home?
A multi-generation home is a household that includes two or more generations. This may consist of adult children moving back home or grandparents moving in with the family.
Multi-generational homes also typically include separate living spaces for each generation. The two most common examples are expanding existing property or adding a granny flat.
Expanding your existing property involves major renovations, including adding a second-storey addition and or expanding outward with an extension or a combination of both, depending on property size and clientele.
A granny flat is a dwelling with its own kitchen, bathroom, and bedroom. However, some include an open floor plan with a kitchen, eating area, and living area. These additions may be attached or free-standing.
The city of Gold Coast considers a granny flat a secondary dwelling, a dwelling with a separate living area. The secondary dwelling does not have a unique mailing address.
A secondary dwelling (granny flat) is separate from a duplex, also known as a dual occupancy unit. These feature two separate dwellings on a single plot of land. However, both dwellings are equal and have separate mailing addresses instead of main and secondary dwelling.
👷 How to Plan Multi generational Home Renovation
A Multi-generation home renovation allows you to add living spaces to an existing property. Depending on available space, the size of your existing home, and other factors, an addition or an extension may offer the best solution.
Additions and extensions are different types of remodelling projects. An addition involves adding on top of your existing home. Instead of extending outward, you go up and add another story.
An extension is a type of renovation that extends your dwelling outward. You add more living space by extending your home further across your plot of land.
A third option is to build a detached unit. The detached unit has its own plumbing and electrical work and living space.
Extensions and secondary dwellings may involve fewer structural changes to your existing home. Some projects may require the removal of a portion of the roof. However, an addition often includes more extensive changes.
The advantage of an addition is that you do not need to give up all of your yard. You can add living space vertically instead of horizontally.
🔖 Do You Need Approval for a Secondary Dwelling or Addition?
Most types of multigeneration renovations require approval. For example, adding a granny flat typically involves an addition or an extension. Both options require building approval in the city of Gold Coast.
Adding a detached secondary dwelling also requires approval, which can be obtained through a private building certifier, such as the team at Risen Developments.
👪 Reasons to Consider a Multigenerational Home Renovation
You are not the first to consider converting their property into a multigenerational home. According to a recent study, about 20% of Australians live in multigenerational households.
Multi-generation home renovations offer several advantages for families of all sizes. Here are some reasons to consider working with a renovator to add living space to an existing home:
- Save on the cost of living
- Strengthen your familial bonds
- Support aging family members
- Increase the value of your property
- Receive help with chores and children
- Add living space on existing land
These are just a few of the advantages of adding living space for family members. You may also need to deal with privacy issues and family tensions, but the pros tend to outweigh the cons.
✨ Save on the Cost of Living
With multiple generations of people in the same house, you can save on the cost of living. A multi-generational home is often more cost-effective compared to the same family living in separate properties. You may save on heating and cooling, groceries, transportation, and other costs.
✨ Strengthen Your Familiar Bonds
Living closely with extended family can lead to increased tension. However, most people find that it has the opposite effect. It can bring you closer to your family and strengthen your bonds.
✨ Support Aging Family Members
Providing support for one or more aging parents is one of the most common reasons to consider adding living space to a home. You can care for ailing family members under your roof, which may allow them to avoid alternative options, such as a retirement home.
💲 Increase the Value of Your Property
Additions and extensions add more living space to your property. Adding more square footage and extra bedrooms significantly increases the value of your home.
Even if you do not plan on moving, increasing your home’s value offers many advantages later. For example, you may use the extra equity to help finance future renovations.
👍 Receive Help with Chores and Children
Getting multiple generations of family to live under one roof means that you will have more hands available to help with chores. As your in-laws are already on the same lot, they can easily watch your kids or help with the dishes if they choose.
🏘️ Adding Living Space on Existing Land
Renovating your home to add more living space allows other family members to avoid the hassle of buying property. They do not need to shop around for a new home or build on a different plot of land.
In the end, a multigenerational home offers many advantages. However, whether you want a granny flat or a home addition, your project will require an experienced builder. A certified builder handles every stage of the renovation process, including obtaining the necessary approval.
Craig Preston Contract Builder on the Gold Coast
Let’s start the discussion. The next step is to contact Craig, the Master builder and proprietor at Risen Developments.
With over three decades of experience, we are equipped to complete your project on time and within budget. We have helped hundreds of homeowners build their dream homes in Goldie and the surrounding region. Contact us today to start planning your new home!
Risen Developments will provide a stress-free experience. Our no-nonsense building process has helped make us the preferred choice for many Renovations and Knockdown rebuild clientele, bringing their ideas into reality.
Multi-generational Home Renovations may be ideal for families looking to consolidate their lifestyle and help with their extended family. Please don’t delay, and let’s chat soon! Risen, your local Building and construction company on the Gold Coast is only a click or call away, so please reach out to us today at 0404 REN OV8.
