A guesthouse adds an entirely new level of happiness to your lifestyle. It gives you the freedom to enjoy guests throughout the year, whether as paying holidaymakers or family guests. If you’re money-minded, it’ll also put you into the Airbnb market. Creative souls love their guesthouses for a different reason: They create art or writing space far away from the everyday home hubbub. Multi-generational living is more popular than ever, and the extra living space can bring your family together without requiring everyone to live under the same roof. Any time you need some quiet time, you can simply hop across the yard. Your guesthouse will revolutionize your social life and earning potential while simultaneously adding to the value of your home.
Your guesthouse is only as profitable as it is pocket-friendly. The less you spend on outlay, the higher your return on investment, so don’t be afraid to work on a budget. Before you begin, you’ll need to choose an architectural strategy. Your options include:
- Detached constructions: These are perfect for large gardens and budgets.
- Garage conversions: With your foundation in place, converting the space into a guesthouse is a little more pocket-friendly.
- Above-garage builds: If your yard is too small for a guesthouse, why not build new living space over your workshop or garage?
- Bump-out designs: These small guesthouses are built into your existing space.
- Modular homes: These are built off-site, then assembled on your land, so you’ll only need to build a foundation on-site.
Your guesthouse will need all the infrastructure of an ordinary home, with electricity, plumbing fixtures, piping, and insulation. Every improvement you make to that basic structure will add to your profits when you ultimately sell your Tucson home, so think of them as investments rather than expenses.
Many designers favor a minimalist approach to layout, especially if you’re only using the space for family members and friends. Other important decisions include:
- Location: Your build should offer privacy and seclusion, but in small yards, you should also consider building a second story so that your new space doesn’t use up too much of your landscaping.
- Fit: Your guesthouse should enhance your existing home, including your own lifestyle.
- The size of your project budget: Mid-market guesthouses tend to increase resale odds the most because they’re adequate for rental income, so stretching a bit on your budget may pay off down the line.
- Your monthly budget: Running costs can get expensive in larger guesthouses, in terms of both utility bills and maintenance.
What’s the Best Floor Plan for a Guesthouse?
There is no ideal floor plan, only the ideal floor plan for your needs. Choose yours based on your style preferences, existing architecture, and the purpose of your guesthouse. The latter point is particularly important. An open plan might suit your retired parents, but it might limit your rental options. A tiny living room might serve tenants, but not artists who want to use the space as a studio. If you have a small footprint, you’ll need to maximize your footage by thinking creatively about vertical space. Before you start sketching out a floor plan, develop a clear idea of the lifestyle you want it to support.
Why Choose Aaron & Co.?
Aaron & Co. has years of experience in the Tucson construction industry, so we understand that every project is as unique as the people ordering it. Remodeling should be a joyful experience, so we bring professionalism and service excellence to every project we handle. Integrity can’t be bought for the price of a few bricks, after all. Contact us for a free consultation at (520) 999-4138.