What is an ADU?
An Accessory Dwelling Unit (ADU) is a living space, either detached or connected, that shares a lot with another house. The key is that they exist on the same lot as the main house, and the two can’t be bought or sold separately.
Why Should You Build One?
People in many different situations can benefit from an ADU. Children of aging parents might prefer a little separation for their families while still being close by (the typical mother-in-law apartment), or homeowners might be looking to expand the value of their property while paying off more of their mortgage by having a renter living in an ADU. Some parents might like to hire full-time childcare help and be able to offer onsite housing. Alternatively, it’s a great way to give adult children a leg up in their living situation while having more privacy.
Get an Estimate
ADUs can vary significantly in cost, depending on design, existing structures, materials and time, just like any other project. But unlike other builds, there’s a lot less information out there about cost. It’s best to get quotes right out of the gate so you can plan how you’ll pay for your ADU. depending on how much equity you have in your home currently. You may also qualify for other loan types.
