Regardless of why you are doing it, building an annex should not be as challenging or as stressful as it is. If you are a contractor who has done it dozens of times, or you are completing it as a self-build project, you are going to face some trials and some tribulations along the way. There are some things you can do to make the whole process easier, and by following a few rules, it can all go a lot smoother than you thought.
#1 Remember what your annex is for
There might be a lot of reasons as to why you are building an annex. Maybe you need some extra room for when family comes over to visit, or maybe you are thinking about renting it out as an Air B&B. Either way, there are plenty of things you need to take into account, especially when it comes to why you are doing it.
If you are renting it out, you are going to need to make sure that it has privacy, if you are building to accommodate family, you are going to want to make sure that you are building and planning with disability access if your need it for older family members, as well as accessible routes to the house.
#2 Planning permission and zoning
Another important box to tick is to make sure that you are fully aware of the zoning in the area for your build. Different areas have different regulations – if you are building in an already built-up neighborhood, you are far more likely to have your plans rejected than if you are out in the sticks.
This can be important to your overall build, so you should ensure that you have the right permissions with your local government or council if you are planning to build pretty anything – regardless of your zoning restrictions.
Building an annex is going to be expensive, so you are going to need the right funding. Whether this is to bring in additional services, pay for the rent of equipment, or repair something that has gone wrong, a budget can quickly get overrun with additional hidden costs.
In situations like this, you are going to need a backup. By using private lenders, such as Sachem Lending, you can take out new construction loans to help you with your project to make sure that you are getting the job done on time and completed to the right standard.
#4 Designing your interior and selling
Designing the interior is the ‘fun’ bit – but you need to remember why you are building the annex and not get carried away. If you plan to rent your annex, you are going to need to ensure that you are bringing in a real estate agent for a realistic valuation and to make sure that it is marketed correctly to prospective tenants. You should then decorate it with tenants in mind, and not indulge any of your own interior design fantasies.