If you’re into real estate by any means, you should try thinking about dual occupancy home builders for your place. When you build a dual occupancy home, you’re going to be benefited from each stage of the real estate cycle. There are various options in terms of dual occupancy homes. When you choose a versatile dual occupancy home builder for the job, you get several different dual occupancy development styles. The most common is tandem management where a new house is built right around the existing land and property. You also have a custom build option that will set off all the limits.
Choosing a dual occupancy home builder for dual occupancy property is going to benefit you in many ways. Here are some of the advantages:
- Development Of Equity
When you choose a dual occupancy home builder to come up with dual occupancy investment property, it will offer you two separate units of property. This is going to increase the value of your property. In case you want to sell your house down the road, it is one way of doubling the price of the property. In case you desire to add to the value of your home, you should consider taking a dual occupancy home builder into account at all levels.
- No Need Of Stamp Duty
When you choose to build a new home, you have to come with all sorts of documentation for it. One of the things to look forward to is the stamp duty. In case you want to buy a new property, you will have to get new stamp duty as well. The major concern here is that it will add to the overall costs. Now if you take the services of a dual occupancy home builder into account, you have a chance to build new property with the existing property. It means that you wouldn’t have to pay for stamp duty as there’s no requirement for it in the first place.
- Tax Benefits
The benefits of dual occupancy home builders are not restricted to relaxation on stamp duty. You get some major tax benefits as well. This is quite contradicting when you compare it with building a new home on a different property. Investors get amazing tax advantages when they choose to go for a dual occupancy property.
- Opening Up Your Space
In case you have a lot of family members at your home, it is always a worry to accommodate them properly. You would want your parents to stay with you if they have gotten old. In such a situation, choosing the services of a dual occupancy home builder will prove to be favourable. It is one way of opening up the space in a grand manner. You wouldn’t have to sacrifice your favourite rooms just to accommodate your parents, you have the chance to build something unique and refreshing for them.
So what are you waiting for? You should try to get in touch with a dual occupancy home builder as soon as possible. It will make your home more functional, add to its value and prove to be a unique option!