Building a home with income in mind

by Vern Lawry

Tourist enjoying New Zealand's South Island.The rise of Airbnb, Bookabach and more has encouraged many kiwis to consider house designs that open up the possibility of gaining additional income, without restricting their ability to enjoy their home.

Whereas having a unit on the same section may be suitable for some people there may be covenants or simply not enough space for everyone to earn additional income from a seperate dwelling. This problem has led many home owners to become very inventive with their property floor plans to enable them to have the best of both worlds.

In this article we'll explore a few customer floor plans that do just that so that, if you're looking to build a prefab home, you can discover the potential lying just below the surface.

 Let's begin with a plan you can buy 'off the shelf' from Genius Homes, the Kingston.

Houses suitable for earning a second income through airbnb

The Kingston features a three bedroom layout in the main home with a good-sized kitchen and open plan living. However, the real bonus of the Kingston comes in the double-room unit attached to the main dwelling. This makes the Kingston an extremely versatile home giving two main income options. Either the three bedroom part is used as a permanent dwelling with the unit becoming an Air BnB or holiday bach, or the entire structure can be used as a holiday rental earning the studious owner two incomes at the same time.

The extreme versatility of the Kingston inspired the below creation from one of our customers.

How to earn a second income from your house

It's not only the Kingston design that inspires customers to think beyond the obvious for the income potential. Even homes that were primarily designed as a single dwelling have had some adventurous adjustments made to accommodate a temporary space for holidaymakers. Take this Wakatipu as an example:

 

House designs for a second income or rental

This design has given the owners maximum flexibility, and is subtle in its execution. If it weren't for a lock on the hallway door you'd barely notice this had been designed to section off the rear of the house for guests.

Where the laundry/garage access meets the hallway a second door can be locked to section off the rear of the property. The back bedroom has access out onto the deck, its own ensuite and additional rear access. The garage can be locked are open depending on guest requirements. The owners can rent out the whole property, just the rear room or both to different groups if needed. The seperate access points and the thoughtful layout for sound reduction means two groups could live there without even noticing each other!

When building a home in New Zealand's South Island it's important to consider the popularity of the region, and if you're looking to help pay off some of the mortgage, or earn an additional income, then some of the plans above may be the ideal solution.

If building a second dwelling isn't viable then considering a prefab home with a slight adjustment to the floor plan can enable you to have the best of both worlds. If you're unsure of whether a Genius Homes design, or a prefab home, is right for you then why not book a free tour of our factory.

During the tour you'll learn about the build process, what makes a Genius Homes house special and see designs to get you inspired. Click here or the image below to learn more.

Book a guided tour with Genius Homes!

 

 

 

 

 

filed under airbnb , income , investment

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