The number of ADUs in the United States is increasing by 100,000 every year. Wondering what all the fuss is about?
What is an ADU? An ADU, or accessory dwelling unit, is a small secondary home on the same property as a larger primary residence. They’re often called granny flats or in-law units.
An ADU building is a great way to add extra living space to your home. They can be used for a variety of purposes, from an office or studio to an extra bedroom or guest house.
If you’re looking for extra space, an ADU building is a great option. They’re affordable, easy to build, and can be customized to fit your needs. Plus, they’re perfect for anyone who wants to live in a green home.
Read on to learn more about the benefits of getting an ADU building.
1. Increase Property Value
Adding an ADU building to your property can increase its value. A recent study found that homes with ADUs sold for 35% more than those without them.
ADUs provide extra living space, which is in high demand these days. They’re also a great way to add value to your home without breaking the bank.
If you’re thinking of selling your home in the future, adding an ADU could be the key to boosting its value.
2. Bring in Rental Income
An ADU building can also be rented out. If you’re thinking of making extra money, an ADU unit is a great option.
Tenants are easy to find these days. There have even been reports that 80% of millennials would rather rent than buy. Renting provides flexibility and freedom for tenants without the high costs of buying your own home.
Many people use their ADU buildings as Airbnbs or short-term vacation rentals. They don’t need to worry about finding long-term renters who want to permanently settle down in the area.
People travel around more frequently these days. This makes renting appealing to many folks looking for temporary living situations while working on job transfers or projects abroad.
3. Hosting Family and Guests
An ADU building is the perfect place to host family and guests. It provides extra privacy and space for everyone to relax.
If you have a large family or like to entertain, an ADU unit is a great option. You’ll have plenty of room for all your guests without having to worry about them invading your main living space.
An ADU also gives your guests their own private space. This can be especially helpful if they’re visiting for an extended period.
Having an ADU building on your property is a great way to show your loved ones how much you care about them.
4. Housing for Senior Family Members
An ADU building can be a perfect place for senior family members to live. They’ll have their own private space but still, be close enough in case of an emergency.
If your parents or grandparents are getting older and you’d like them to move closer by, an ADU unit is the solution for you. You won’t have to worry about whether they’re taking care of themselves properly or feeling lonely.
A great benefit of having seniors living nearby is being able to check up on them more often without disrupting anything important in your life. If something comes up with one of your parents or grandparents, you’ll know about it right away and can take care of the issue quickly.
If your family members are in good health but not ready to give up their independence yet, an ADU building is a great solution. They can live on their own without having to worry about paying rent or bills.
5. Accommodate Adult Children and College Student
An ADU building is also a great place for adult children and college students to live. They’ll have their own space where they can come and go as they please.
If your child is attending college in the area, having them live in an ADU unit on your property can be a huge help. You won’t have to worry about them finding an affordable place to live or dealing with roommates.
Your child will also appreciate the extra privacy that comes with living in an ADU building. This is especially important if they’re trying to focus on their studies.
If your adult child is moving back home after getting laid off or going through a tough time, an ADU unit is the perfect place for them to stay. They’ll have their own space where they can relax and recharge without feeling like they’re imposing on you.
6. Serves as a Home Office
An ADU building is the perfect place for a home office. It gives you extra space to spread out and focus on your work without having to worry about disruptions from roommates or family members.
If you’re looking for an affordable way to set up shop, purchasing an ADU unit can be a great option. Business owners don’t necessarily need tons of room when they first get started in their new business venture. An ADU provides all the essentials needed with little investment required upfront.
You’ll also have more privacy working at home in an ADU unit. You won’t have to worry about your clients or bosses coming over and interrupting you in the middle of work hours.
An ADU building is also a great place for contractors working on projects around the house or yard. They’ll have a place to store their tools and materials without taking up space in your main living area.
7. Tax Breaks
One final benefit of getting an ADU building is the tax breaks that come with it. You can receive a tax deduction on your total ADU costs.
This includes everything from the construction costs to appliances and furniture. Talk to your accountant about what you can write off on your taxes.
If you’re considering getting ADU housing, check out https://actonadu.com/ as soon as possible.
Get an ADU Building
An ADU building can provide all sorts of benefits for homeowners. If you’re on the fence about whether or not to get one, keep these reasons in mind. The extra space and privacy an ADU unit provides are well worth the investment.
If you’d like to read more informative articles about ADU homes, check out the rest of our blog.