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Four Tips to Use When You Want to Convert Your Single-Family Home into Two Units

Posted by : Premraj | Posted on : Tuesday, August 8, 2017

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When you become an empty nester, there are often large portions of your home that will no longer be used when you live alone. If you love your home and do not want to downsize to a smaller option, consider converting your home into a two-dwelling space so that you can rent out the portions of your home that are not getting used on a regular basis. The following guide walks you through a few tips to use to make sure that transforming the space goes as easily as it possibly can.

Add a Security System to the Entire Home

To better the chances of renting the space, consider adding a security system to the home so that you and the new tenant can feel as safe as possible at all times. There are many different local home security options available to you so it is important to take the time to consider all of your options before choosing one option over another option. Consider having cameras installed inside of your living space and around the exterior of the home. You cannot have cameras installed inside of the living space of your tenant because it is an invasion of privacy. Having cameras installed in your living space will ensure that your tenant never comes into your home without your knowledge.

Separate the Two Living Spaces

You will need to hire a professional contractor to renovate the home. You first need to decide where you want to section off the home so that it becomes two separate living spaces. Decide if you want to build a separate entrance for the new tenant to use or if you want to have you both come in through one door and then have separate entrances from the inside of the home. Before any renovations can be started this essential factor needs to be considered.

Add a Kitchen to the New Living Space

Before you can rent out the space, there needs to be a place for the tenant to prepare and store food. You can have a small kitchen created in the new space. You do not have to include huge appliances in the kitchen to make it a livable space. You can add a small stove and a mini fridge and rent it as a home. A sink will need to be added to the room so that your tenant has a place to wash dishes.

Add a Full Bathroom to the Living Space

A full bathroom will also need to be added to the new apartment. To save money and time on the renovations, consider adding a free-standing shower to the space. They are inexpensive and easy to install and provides the person with a place to clean themselves without you having to have a ton of renovations done to try to fit a full tub into the space.

Once your home has been fully divided into two separate living spaces, you will be ready to find the perfect tenant to rent the space. Be sure to take the time to do a background check on the person whom you plan to rent the space to in order to make sure that they do not have a criminal history and are financially sound. This will save you a lot of hassle in the long run.

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