Due to rising real estate prices and dear home care expenses, more and more people are going to live with, senior family members, simply by building granny houses.
According to professional granny flat builders in Brisbane, the recent figures show there are now almost 40,000 granny annexes in Australia alone – an increase of 18% recently.
The federal government has made an effort to motivate households to live together by discounting scrapping stamp duty and council tax on annexes, and ministers have emphasized some great benefits of inter-generational households, that will help save the National health service and social care program lots of money.
1. A Link Between Provision and Independence
Although it might not be easy for a senior person to steer clear of joining a care home sooner or later, a granny flat can certainly offer a good link between the provision of care and independence.
2. Zero Local Authority or Council Taxes
The NFB claims that the granny houses populated by disabled or elderly relatives have a 100% local authority or council tax savings.
3. Mutual Expenses
Based on the way it is constructed and your personal preferences, expenses can be shared between the granny flat and the family home, potentially lowering costs (assuming grand-dad or granny does not have the heating system on a regular basis).
4. Do It Right
Shifting can certainly be nerve-racking for everyone, but specifically for an older person. A determination to construct a granny house has to be made at some point – for example, before a senior relative is in frantic demand for accommodation, and when they are moderately mobile whenever possible. See it as a good investment for future years.
5. Get Legal Counsel
It is very important discuss, and get legal services if required, how things go about if either the older relative or the younger family wants to sell the property and shift to another property, but some others don’t want to move.
6. Be Ready for Relationship Breakdowns
It could also be worth finding a lawyer to discuss how things go about in case there is a relationship fall apart, as one of the family members may demand the share of the property in separation and divorce proceedings.
Prepare for future requirements
Be cautious not only about the aged person’s needs now, but what they might be sooner or later. If your granny flat has a couple of storeys, do the toilet and bedroom have to be downstairs if movability becomes a problem in the future?
7. Heart to Heart Talks Is Key
Detailed and honest conversations are very important, both with the contractor before building about the timescale, spending plan and precisely what you and the elderly family member want, and with the relative about how expenses will be compensated (if they are shared), who is answerable for your garden if it is shared, whether eating together, whether you ask before joining each other’s company, and so forth.