There is one constant in Florida besides the weather: value in property. The closer you get to the coast, the more valuable the property. Sure, Miami or Boca Raton or Orlando get most of the attention, but the better value and investment can be in areas like Tampa, Clearwater and St Petersburg. With the economy on an upswing and property values growing stronger, now is the time to consider building a guest house to make the most of your land.
There are several reasons why building a guest house is a good idea.
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The Company Cometh
There is no question about it: people love visiting Florida. There is no time of year that stops family and friends from wanting to visit. Once they find out you live close to the beach in one of the most gorgeous places on Earth, you’ll be inundated with family and friends. But you don’t need be inundated with people crowding your space. Build a guest house and they can stay with you, yet have everything their need in their own space, while you keep your sanity.
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Home Away From Home
Building a guest house is not just for your inevitable visitors. It’s also for you. When your significant other has a gathering like a book club or poker night, the kids have a noisy sleepover, or you need privacy for a business meeting – whatever the reason – a guest house solves all of those problems and more.
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Work from Home or Start a Business
Having a business that you can run from home is often the dream of many entrepreneurs. No commuting is a huge draw. No traffic or city stress. A guest house can let you set up and run your business, hold meetings, or just work from home. A guest house that doubles as a business or office sure alleviates issues with space and distractions in your main home.
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Regain Independence
It’s no mystery or secret that Florida is where people come to retire. The warm year-round climate helps with circulation, activity levels, and general health. If you have older people in your life but can’t yet imagine them in a home, then building a guest house is a wonderful alternative. It will give them the independence they crave, yet also provide them with peace of mind that you are close (which is also a relief to you).
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Rental Income
A guest house can provide plenty of income, from long-term tenants to running an operation through Airbnb for vacationers and traveling business people. People are shunning big hotels and resorts these days in favor of homestyle vacation places. Your guest house in the Tampa area can provide a quiet getaway, while being less than two hours’ drive from Orlando and Disneyworld. People will gladly pay for a vacation spot close to boating, fishing and the beach.
The obvious questions involve how to go about designing and building a guest house and what the rules and regulations are. Your home construction specialists for Pinellas and Hillsborough Counties are ready to answer those questions and help you create a guest house that you can use for so many purposes.
Greg Nelson is the owner of Nelson Construction & Renovations Inc. He is a Florida State Certified Building Contractor, creating artistry in all areas of design and construction projects. He is a musician, and artist. A husband and father, Greg appreciates all the wonderful elements of family life.
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