02/28/2023
An Accessory Dwelling Unit (ADU) is a self-contained living unit that is added to an existing residential property. Most common benefits include:
0. Increased Rental Income: Adding an ADU can provide homeowners with an additional source of rental income. Renting out the ADU can help offset mortgage payments, property taxes, and other expenses associated with homeownership.
0. Increased Property Value: Adding an ADU can increase the overall value of a property. This can be especially beneficial if the homeowner plans to sell their property in the future.
0. Multigenerational Living: ADUs can provide a separate living space for extended family members such as elderly parents, adult children, or other relatives. This can provide an opportunity for multigenerational living, which can be beneficial for family relationships and caregiving.
0. Flexibility: ADUs can be used for a variety of purposes, such as a home office, a studio, or a guesthouse. This can provide flexibility and additional space for homeowners who need it.
0. Affordable Housing: ADUs can be an affordable housing option for renters, especially in areas with high housing costs. They can also help increase the overall supply of housing in a community.
ADU’s provide homeowners with additional income, living space, and flexibility while also increasing the overall value of their property.