It is becoming increasingly common among homeowners to build a second home as an investment in their properties in order to increase the value of their properties. There are some experts who believe that additional dwelling units (ADUs) are a viable solution to the housing shortage that stands today. In order to overcome outdated building codes, there is only one thing to do, but the situation is rapidly improving.
Granny flats, guest houses, cabanas, carriage houses, tiny homes, and garage apartments all fall under the umbrella term ADU. There are several ways to build an ADU: attach it to the main house, convert it from the garage, attic, or basement, or build it from the ground up using manufactured housing kits.
Small but with all the amenities
Despite their small size, these scaled-back houses have all the amenities of the main house. Popular layouts include living and dining rooms, kitchens or kitchenettes, one or two bedrooms, a laundry room, closets, storage, a patio or porch, and a laundry room. The privacy offered by the ADUs makes them a perfect choice for aging parents, retirees, college students, and young couples who are looking for a place to live.
Worth 30% more
Due to the fact that an ADU is a cost-effective investment because a homeowner already owns the land and can recover construction or conversion costs more quickly, an ADU is a great option for homeowners. ADUs can increase the value of a home by about 30% compared to a home without an ADU.
It is recommended that you check with your local government's zoning and building permits department to find out if your property can accommodate an accessory dwelling unit.