Are you thinking about building a separate area in your own backyard? If you have a lot of unused space, why not put it to use? Many homomers are investing in ADU projects because it provides a range of benefits. From hosting house parties to getting extra space for guests, ADUs are perfect to increase your living area. An ADU (Accessory Dwelling Unit) is a second living area or housing unit constructed on a single-family lot. The space outside your house is utilized to build this separate housing that can be used for a variety of purposes. This second unit is typically smaller than the main house. Also, in most projects, ADU is detached from the central, main house. However, there are different types of ADUs such as attached ADU, detached ADU, or converted garages. Most ADUs have one bedroom, a kitchen, one bathroom, and a living space. The size and construction of ADU depend on the local zoning regulations and laws.
This second living area provides multiple benefits but due to complex laws and regulations, you need the assistance of an experienced ADU contractor in Los Angeles. When skillfully designed and constructed, ADU provides several benefits, such as:
Earn Rental Income
Many smart homeowners make the best use of unused space by building a rental ADU. Constructing an ADU is a good investment this separate unit can be used to earn passive income. ADUs can be rented, helping homomers bring in a considerable amount of income. Adding a second unit to your property with a separate entrance, kitchen, bathroom, and bedroom allows you to rent the apartment to tenants and earn extra cash. ADUs are great for both owners and tenants. You will get monthly income while tenants will get a homely feel without worrying about a long-term lease agreement.
Boosts Property Value
The value of your property depends on many factors. Adding a second unit can immensely help in increasing the value of your home because of the benefits it offers. Potential homomers appreciate properties with ADUs because they understand how many ways this additional unit can be used. They will understand that their one-time investment can help them earn rental income for years. So, building an ADU or converting your garage is a great option to increase the value of your property. It provides a good return on investment and helps you sell your property fast.
Housing for Guests, Adult Children, or Caretakers
ADUs are also known as mother-in-law suites because they are often used by parents and grandparents. It allows your family members to stay close without compromising privacy. It also saves money because there’s no need to rent another apartment for your senior family members. ADU provides additional living space that can be used by guests or caretakers. You might also need space for your adult children if they decide to live with you after college. With increasing housing, your child may find it difficult to afford a place to live. Apart from this, some people decide to use ADU as their home office.