7 Benefits of Accessory Dwelling Units for Your Property
Accessory Dwelling Units (ADUs), often referred to as “granny flats” or “in-law suites,” are secondary housing units that are built on a single-family residential property. These compact and self-contained living spaces come with various advantages for homeowners.
At Glickman, we love to inform all clients of the amazing options they have as homeowners. So, let’s explore what ADUs are, provide real-world examples, and a few benefits they offer for your property. You can always contact the Glickman team for more information too!
What Are Accessory Dwelling Units (ADUs)?
ADUs are versatile secondary housing units that can be attached to your existing home, built within it (like a converted basement or attic), or situated separately on your property. They are designed to be fully self-sufficient, typically featuring a bedroom, kitchen, bathroom, and living space. ADUs have gained popularity as a flexible solution to housing challenges. Whether it’s addressing the need for affordable housing, accommodating growing families, or enabling homeowners to make the most of their property, ADUs provide a versatile housing option.
These units can be used for various purposes, from creating a cozy guest suite or a peaceful retreat for adult children returning home to generating rental income and supporting sustainable living with an energy-efficient design. They offer a unique blend of functionality and adaptability, making them a valuable addition to any property. Whether you choose to build a detached unit in your backyard or convert underutilized space within your existing home, ADUs can be tailored to suit many specific needs and preferences.
1. Rental Income
ADUs offer the potential for additional rental income. Many homeowners rent out these units to generate extra cash flow, making homeownership more affordable or even turning the property into a source of passive income.
For example, you can convert your pool house into an ADU and start renting it out on Airbnb. The steady stream of short-term renters can significantly boost your income!
2. Increased Property Value
Adding an ADU can significantly increase your property’s market value. These additional living spaces are in high demand, making your property more attractive to potential buyers.
This added feature to your property can increase your home’s value by up to 35%, according to Porch.com.
3. Multigenerational Living
ADUs allow for multigenerational living arrangements, making it easier for aging parents, adult children, or other family members to live nearby while maintaining independence.
This is the perfect solution if you need a system that allows you to be close to providing care while still enjoying your own separate living spaces, where independence and cohabitation are perfectly aligned.
4. Home Office or Studio
ADUs make excellent spaces for home offices or studios. The separate unit provides a dedicated, quiet space to work, create, or study away from the hustle and bustle of the main house.
You can achieve this by turning the space into a cozy home office with ample natural light. The separation from the family living space can allow you to work more efficiently with no commute!
5. Aging in Place
ADUs can be a perfect solution for homeowners looking to “age in place.” The unit provides a comfortable, accessible space accommodating changing mobility needs. It can be fully wheelchair accessible, ensuring continued comfort living on the property as they age.
6. Quick and Cost-Effective Construction
ADUs are often quicker and more cost effective than traditional home additions. They can be an excellent option for homeowners looking to expand their living space without a massive financial commitment. This project can be completed in less time and within budget.
7. Sustainable Living
ADUs promote sustainable living. These units are often designed with energy-efficient features, reducing the overall environmental impact of the property.
A compact ADU can be constructed with solar panels and energy-efficient appliances, significantly decreasing your household’s carbon footprint.
Overall, Accessory Dwelling Units are better for your future in many ways!
Transform Your Property with ADUs
Accessory Dwelling Units are not just additional living spaces; they offer numerous benefits for homeowners, from generating rental income to increasing property value and providing flexible living solutions.
Glickman Design Build can help bring your vision to life if you’re considering adding an ADU to your property. Contact us today to discuss your ADU project and explore how these versatile living spaces can transform your property.