ACCESSORY DWELLING UNITS
Are you looking to expand the living space of your home? Accessory Dwelling Units (ADUs) may be the perfect option. ADUs are equipped with power, water, cooking facilities, and plumbing. They can be used as a home office, a rental unit, or a separate living space. You may have heard them referred to as in-law apartments or granny flats. However, the truth is that these spaces have come a long way over the years.
ADUs are best suited for...
🏡 Family members
🏡 On-site Caregivers
🏡 Guest Accommodations
🏡 Home Office
🏡 Rental Income
Who Can Benefit from ADUs?
Types of ADUs
An Attached ADU is any unit built as an addition, meaning a structure built onto the main home on the property.
A Detached ADU is built as a separate structure from the main home. The shapes and sizes of this type of ADU vary due to town regulations.
Converted Space ADUs are just as the name suggests. They are units built in a pre-existing location, such as the space over a garage, a basement, or an attic.
Adding a detached ADU may not be the least expensive of the three options, but it offers flexibility in its design. While there is flexibility, attached and converted space can also match the existing structure of the main home. ADUs may have a separate entrance or share an entry with the main property. The design will vary depending on the type of ADU, the available space allocated to the unit, and any rules required by the financial institution you may use.
Each town will have its own regulations regarding ADU usage and its size. So it is always a good idea to consult your local zoning officials.
In addition to being used for short-term or long-term rentals, ADUs could be a good Airbnb rental space. To investigate as to whether this route is a feasible option, talk to your town’s planning and zoning regarding ADUs.
Benefits of ADUs
Increased Property Value
Many buyers may see an ADU as an asset. The uses of the ADU, whether it be for its rental usage or personal usage, will benefit any potential buyers.
In many cases, the cost to build an ADU can be less than it would be to build a new house. In some areas, the cost may be even less than purchasing a new home.
Because ADUs are built in conjunction with an already existing home, there is no need for additional land to build the dwelling unit.
An ADU offers the perfect space for your aging family member or adult child. It creates a separate living space from the main home and offers them a sense of independence.
ADUs can make for an ideal short-term or long-term rental property. It allows a homeowner to gain extra income to offset expenses or help pay the monthly mortgage.