Accessory Dwelling Units
420 - 1200 SqFt
$100,000 garage conversion makes 15x return on investment
Generate $1.5 to 2 MILLION in revenue and appreciation over 30 years using your existing property.
A Granny Flat is a wonderful investment asset for a family because it's so flexible.
The baby boomer generation is facing a retirement income shortfall and according to U.S. census data, the average 65-year-old couple has only about $100,000 saved for retirement.
* 2/3 rds of all property in USA is owned by Baby Boomers who have at least 50% equity in their family home.
* 90% of BB's over 65 want to stay in their home as long as possible.
Tapping into the family home equity to extend the home, retrofit the garage or add a detached accessory dwelling unit will not only increase the value of your property but also generate additional passive income - all by using the equity in your family home.
Time for a Granny Flat ?
There is no time like the present to go forward with your goal of getting a Granny Flat, Companion Unit, or Guest Quarters. Listed below are the criteria, either for an addition or detached accessory dwelling.
Did you know you can leverage the equity in your existing home to either build an addition or a stand-alone Granny Flat and then make additional income while increasing the market value of your home?
Check out our cost estimator to get an idea of costs to build your granny flat or garage conversion here
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Costs to build vary by country, region, climate and building codes. Therefore any prices shown here are indicative only and must be calculated in accordance with local building costs and prices. Hemp Technologies accepts no liability for materials purchased from other suppliers.