Does a Sleep-out Add value?
Q: Hi Steve and Lisa. We have bought a property in South Auckland as an investment and have noticed a few of properties in our area have sleep-outs in their backyards. This seems to us to be a great way of adding rental income to our investment. Is it worthwhile, does it add capital value, and how do we go about it? A: A minor dwelling (or sleep-out) is a second unit built on the same title, detached from the primary residence. It has its o…
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