In the modern world, many expectant mothers wonder what is the difference between a mother-in-law suite and other types of in-laws arrangements. Some will even consider it as an unnecessary expense considering that they can simply rent a home for the duration of their pregnancy. But this is not always true. Even if they can afford to buy a home instead, there are several reasons why a long-term stay in the same house is always better than renting. Here are some of these reasons:
If you live in a high-rising neighborhood or town, there may be too many homes that look similar to yours in the future. The temptation to want to blend in and not have to worry about zoning restrictions will be greatly felt by an aging parent living in a rented apartment. In addition to this, if the couple has young children, this may be a safety concern. In such cases, it is always best to have a mother-in-law suite nearby so that the aging parents can still take advantage of the facilities available. Avoiding this problem can benefit your property’s value.
AirBnB and other short-term rental services allow you to set up three different units within the same property. Each of these units can have their own front and rear doors. This is especially useful if the couple has two babies and wants to create a baby boutique. What is nice about airbnb and short-term rentals is that you can separate the living spaces and create unique personalized spaces that can be used by children and grandchildren. Moreover, if the mother-in-law has her own dressing room and bathroom, this can serve as extra space for the aging parents.
A common mistake with traditional apartments is that they include large living areas and spacious rooms. In such cases, there is no way for the senior parents to enjoy their own private space even if they have to share their dwelling with strangers. Furthermore, a traditional dwelling can increase the cost of renting since maintenance charges are quite high. On the other hand, airBnB offers private and secure living areas that are priced accordingly.
It is advisable for a senior or an aging family member to invest in renting a mother-in-law suite instead of buying a home. In fact, the living space offered by such services is far more comfortable than conventional homes. The primary reason for this is that they offer separate sleeping areas for each individual. This ensures that each family member receives personal attention based on his or her unique sleeping preferences.
Furthermore, homeowners do not have to worry about renovating the house for short-term rentals. In the event that a homeowner wants to use the house as a long-term residential property, he or she will have to abide by the local zoning laws. For instance, it would be highly impossible to rent out a basement or garage as a vacation home because such facilities are considered to be part of the house. On the other hand, a mother-in-law suite can be utilized as a long-term rental property and the regulations regarding such usage will not apply.
When looking for a mother-in-law suite, homeowners should take note of several details. One of these is the number of bedrooms in the property. In most cases, such houses feature two or more bedrooms but some developers opt to feature only one bedroom in the house. Furthermore, there should be enough space in the basement or garage for cars and other items used daily. In case there are inadequate lighting fixtures in the basement or garage, the homeowner may consider adding an indoor lighting fixture so as to make the place bright and welcoming.
When purchasing mother-in-law suites, the homeowner should factor in the price of the building as well as the price of the lot upon which the house is built. If the former is expensive, then the price of the lot will be higher. However, many people go for low prices and in such cases the price of the lot might be lower than the building. In order to find good deals on these types of dwellings, people can consult real estate agents who specialize in this type of property. However, it is also possible to locate excellent housing options in the suburbs of a city without having to consult a real estate agent.