How to make money from your garden

Sell a site, develop it yourself or gift it to family: How to monetise what you have

Room to expand: this home, designed by Plan 8 Architects, was built in the garden of another house in Bray, Co Wicklow

Room to expand: this home, designed by Plan 8 Architects, was built in the garden of another house in Bray, Co Wicklow

If your home has a large garden, then you may be sitting on some money. Selling a site, developing it yourself or gifting it to a family member are all ways to monetise what’s under your nose. By doing it right you can unlock value, be tax efficient and maybe even house the next generation.

Cash out

When it comes to wringing value from a home with a big garden, there are a few routes. The most straightforward is to sell the whole kit and caboodle, without applying for planning permission, with “development potential” writ large on the brochure.

The Irish Times
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