fbpx

Does An Annexe Add Value? The Rising Popularity of the Garden Building

Annexes are currently seeing a boom across the UK which leads to the question – does an annexe add value to the price of your property? In short, the answer is yes, but it is certainly not simply in monetary terms. An Annexe can add value to a family home in many ways.

Let us walk you through some of the reasons why annexes are so popular across the UK and how they can benefit people’s lives; be it for elderly care, helping a younger family member to gain independence or simply for additional living space and entertainment needs.

The Rising Popularity of Annexes

Since the pandemic began in 2020, the number of people working on and making changes to their properties has rocketed across the UK.

More time at home during a series of national lockdowns meant homeowners had the time and desire to make the plans for improvement that they may have previously been putting off.

A recent study by Property Wire found that in 2021 compared to 2018, there have been big increases in home improvement projects – extensions up by 50%, loft conversions by 112%, outhouses by 122% and garden offices by 161%.

Although those numbers seem impressive, Annexes in fact dwarf all of them with an increase of 300% in the number of properties now choosing to add an additional home to their garden.

It is clear that the demand is there. But what is causing the growth in popularity and how can an annexe add value?

How Does an Annexe Add Value to the Main Property?

When we consider how an Annexe adds value to a property, here are the main reasons we have found across the 200+ granny annexe properties we have built across the UK:

Bringing Families Together

Family means everything. And bringing a family together is the overwhelming response we get from our customers when we ask how they benefited most from an annexe build.

The truth is, growing older can become lonely and while a parent or elderly family member may not necessarily need any form of medical or supporting care, they welcome the company and easy access to younger family members when living on the same property.

Having your family nearby also provides peace of mind for all.

Child with Grandma

 

Multigenerational Homes

Trends in the UK show that the multigenerational home is becoming more popular.

When two, three or even four generations of one family live together there are numerous benefits to be had for all.

However, space and independence can prove testing.

This is where an Annexe comes into play, offering the perfect solution.

With additional living accommodation on the property, completely self-contained, a multi-generation family is much more comfortable. This demonstrates another reason why granny annexes are so popular.

Financial Advantages of an Annexe

When it comes to adding value, often it can be the financial savings that bring the true total to the forefront of the offer.

The Cost of Care

The cost of care continues to rise in the UK. When it gets to a later stage of life and care becomes a need it is not unusual for care home fees to top £1,000 a week.

Multiply this by the number of years it may be needed and the significance of the total amount of care costs should not be overlooked.

Just five years in a care home could cost upwards of £260,000 and in doing so, independence is also being lost. Often elderly residents of a care home do not want to be there and yearn for their own home.

Building an Annexe changes that. It provides the opportunity of independence that we have written about and removes the need, and cost, of care.

The Cost of Living

It’s not only the older generation that can benefit financially by having the added value of an Annexe. We are currently living through a cost of living crisis. With rising energy bills, house prices and the general cost of day to day expenses including petrol and more, the prospect of sharing a property with two dwellings could lead to an enormous cost-saving.

With fewer financial burdens to worry about, a better quality of life can be achieved.

Multi generation family

 

Granny Annexes Adding Value to your Property

With the rise in popularity of the granny annexe and the incredible solutions they deliver for families across the UK, there is no surprise that an annexe can add value to the price of your property.

Recent information from Checkatrade suggests that on average, an annexe will raise the value of your property by 20-30%.

With all the opportunities it presents coupled with the additional value to your home – the financial advantages of a granny annexe on your property are obvious and it is clear to see that an annexe can add real value to your property.

Let iHus Show You How!

It’s clear there are many things to consider when considering if an annexe can add value to your property.

You will doubtless have additional questions to ask too. And that’s where we can help. Not only do we build annexes to solve your living needs – we also provide the information you need to help make your decisions on your new lifestyle.

From concept to delivery, we will guide you throughout the process.

Speak to a member of our team today to see how we can help get your granny annexe journey started.

View Our Annexes

The Cantley is the smallest annexe in our Core range and is one of our most popular models for independent living. The floorplan is designed to maximise space and fits comfortably into most back gardens.
As one of our most popular one-bedroom annexes, the Bawtry is the perfect choice for elderly care or an independent young adult looking for their first home.
The Ravenscroft is a spacious one-bedroom annexe, designed for those with a larger garden plot. All three footprints utilise a central shower room to separate the bedroom and the open-plan kitchen/living area to maximise living space.

Recent Projects

Speedwell Annexe

Speedwell

Our customer moved into her Annexe in January and is thoroughly enjoying her lovely new home. She describes her Annexe as ‘Warm Sunny Cosy & Comfortable’. Click below to watch an exclusive interview with the owner and watch their Annexe walk through!
Williamson bespoke granny annexe

Jenny Williamson

The Williamsons family moved into their Annexe over 3 years ago. When visiting the family they told us life in their new home exceeded their expectations for many reasons. So much so, they wanted another iHus building! Click view to find out more about their story and take a look around their Annexe.
hamm

Wendy Hamm

In Autumn 2020 Wendy Hamm and her family approached iHus as they were contemplating an annexe build in their back garden to house Wendy’s mother. Wendy’s mother Jane, 82, was living over an hours drive away from the family. Wendy’s day to day responsibilities meant that visits to Jane were a lot less frequent then they would have wished. Read their story here.
BOOKER Annexe

Shelagh Booker

All of our iHus annexe are customised to meet the want’s and needs of their owners. Take a look around Mrs Bookers annexe and listen to what her and her daughter have to say about their iHus annexe journey below.

Download Your Free Annexe Brochure

Simply fill in the form and you will be emailed a link to download our 32 page annexe brochure.

    Simply fill in the form and you will be emailed a link to download our 32 page annexe brochure. Please check your Junk mail if your brochure doesn’t appear in your inbox

    Request A Hard Copy?:








    Download Your Free Annexe Brochure

      Simply fill in the form and you will be emailed a link to download our 32 page annexe brochure. Please check your Junk mail if your brochure doesn’t appear in your inbox

      Request A Hard Copy?:








      Talk to a Consultant

      We know that building an annexe can seem daunting which is why we created our Signature Move process.

      It all starts with a conversation where we want to get to know you better, understand what you need and give you an opportunity to ask any questions you might have.

      To get started complete the form and a member of our team will get in touch to book you an appointment with a consultant…