If you're a homeowner, chances are you're always on the lookout for ways to increase the value of your property. But what if we told you there's a way to do that while helping solve the affordable housing crisis?
ADUs, otherwise known as guest houses, can be a solution. In this blog post, we'll explore some of the advantages of building an ADU and how it could be the solution to your affordable housing woes.
What is an ADU?
An accessory dwelling unit is a small living space that is attached or detached from a single-family home. ADUs are often used as rental units or as space for guests, but they can also be used as long-term housing for family members or others in need.
The Benefits of Building an ADU
There are many benefits to building an ADU, both for homeowners and for those in need of affordable housing. Some of those benefits include:
1. Increase the value of your property:
An ADU can add 10-30% to the value of your property, depending on location and other factors.
2. Rental income:
If you rent out your ADU, you can generate additional income to help offset mortgage payments or other expenses.
3. Helping to solve the affordable housing crisis:
By making your ADU available for rent at an affordable price, you can help those who are struggling to find affordable housing options.
4. Allowing aging parents or other relatives to live near you:
If you have aging parents or other relatives who need assistance but don't want to live in a nursing home or other type of assisted living facility, an ADU can provide them with a safe and comfortable place to live near you. Multi-generation living is on the rise in the US and an ADU is the best way to keep family close but provide the privacy you need.
5. Extra space:
An ADU can provide much-needed extra space if you have a growing family or frequently have out-of-town guests.
6. Allowing you to "go green":
If you build an energy-efficient ADU, you can save money on your energy bills while also helping the environment.
Accessory dwelling units offer a multitude of benefits for both homeowners and those in need of affordable housing. If you're considering building an ADU, we hope this blog post has given you something to think about. Feel free to contact us if you have any questions about the process or would like to book a FREE site feasibility visit!