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What is an ADU?
An Accessory Dwelling Unit (ADU) is a small, self-contained residential space located on the same lot as a primary home. It can be a converted garage, a basement apartment, or a separate standalone structure.
ADUs offer flexible housing options, such as additional living space for family members, rental income, or a guesthouse. They are designed to be more affordable and sustainable, often built within existing neighborhoods, and can help address housing shortages while increasing property value.
Benfits of an ADU to Property Owners!
Additional Income: Homeowners can rent out ADUs to generate passive income, helping to offset mortgage costs or provide extra financial stability.
Affordable Housing: ADUs provide more affordable housing options for tenants and homeowners, particularly in high-cost urban areas where property prices are steep.
Increased Property Value: Adding an ADU can enhance the value of the property, making it a long-term investment with strong resale potential.
Flexibility for Family Use: ADUs offer flexible living arrangements, such as housing for elderly parents (creating a multigenerational home), adult children, or guests while maintaining privacy for both parties.
Sustainable Living: Building ADUs in existing neighborhoods uses less land and infrastructure compared to traditional housing development, promoting sustainability and efficient land use.
Downsizing Option: Homeowners can downsize into the ADU while renting out the primary home, creating a retirement option that allows them to stay in their community.
Improved Housing Density: ADUs help increase housing density in urban areas without drastically altering neighborhood aesthetics, addressing housing shortages in a manageable way.
