The benefits of adding an annexe.

Join the growing trend of homeowners expanding their living spaces by adding self-contained annexes to their properties. This popular choice is seeing an increasing number of homeowners utilise their gardens for this purpose. If you’re considering building an annexe of your own, here are some benefits. 

Multi-generational living 

For those navigating the complexities of homeownership, especially retirees and young adults leaving the nest, a garden annexe can be a perfect solution. Whether it’s a stepping stone towards independence or a comfortable private space to save up for a home, an annexe offers a variety of benefits. It fosters harmonious cross-generational living by providing everyone with their own dedicated living space. Moreover, it offers the opportunity to bring a loved one closer, ensuring they are cared for in a comfortable setting.

Having a home office 

The pandemic-induced surge in remote work has left many of us in need of more versatile space to accommodate long working hours. An annexe offers the freedom and flexibility to create a dedicated workspace, whether it’s for you or multiple family members. It’s a great way to break up the space and establish healthy boundaries for a better work-life balance, putting you in control of your work environment. 

Financial perks 

One of the significant financial advantages of an annexe is its upfront cost, which is a one-time investment. In contrast, care costs can be exorbitant and ongoing. By moving a loved one into a traditional ‘Granny Annexe,’ you can significantly reduce care costs while ensuring their well-being is monitored. 

Value enhancement 

According to Checkatrade, a self-contained annexe could add up to 20-30% to the value of your home. Various factors will affect your exact figure, such as size, the quality of the finish, and where you live, but adding more living space to your home will undoubtedly be attractive to future potential buyers. 

Opportunity to live out your design dreams 

For some, the most exciting aspect of building an annexe is the extra bit of freedom to get creative with design. As a separate entity from the main living space, you can try out all those fun interior trends that don’t quite match your house but would look fantastic in a smaller dwelling. The possibilities are endless when you’re free from the constraints of having to match the rest of the house, so take the opportunity to curate an exciting and original layout that satisfies your inner interior designer.  

Buying a home with an annexe 

If you aren’t keen on building your own, buying a property with an annexe could save you a lot of hassle. However, when searching for a property with an annexe, it’s essential to consider your specific requirements, such as additional accessibility. Is the annexe versatile? Could it be converted to suit your needs? Your agent will have an extensive portfolio of suitable properties, so inform them of your wants and needs to help them whittle down the search for your dream home. 

Contact us 

Are you looking for your dream home? Contact your local Woolley & Wallis office to get started on your moving journey.