Accessory dwelling units (ADUs) have become a hot trend in the U.S. real estate industry, with a recent study showing that 1.4 million properties have an ADU. If you’ve ever dreamed of adding more space to your home without going through the hassles of a major renovation, an ADU will be one of the best options.
These unique additions provide tons of benefits, from extra space and storage to increased property value. And with all the amazing benefits that come with it, it’s no wonder why so many people are choosing to add ADUs to their properties.
Are you still debating whether to add an ADU to your property? Read on to learn what ADUs are and discover seven amazing reasons why you should build an ADU.
What Is an Accessory Dwelling Unit?
An accessory dwelling unit (ADU) is a secondary living quarter on a property that includes its own kitchen, bathroom, entrance, and sleeping area.
You can attach the ADU to your main house or garage. Alternatively, you can build it as a stand-alone unit in your backyard. It will still use your main residential property’s energy and water connections.
You’ll find different ADU designs, and you’ll be at liberty to choose the one that aligns with your space size. For example, you can choose to convert a garage to an ADU or have an ADU above your workshop. You can also opt for internal ADUs, where you convert part of your primary residence to an ADU.
No matter which design you choose, you can not sell the ADU separately. However, you can use it as a source of additional income by renting it.
What Are the Benefits of Adding an ADU to Your Property?
Building an ADU is an excellent decision that will allow you to reap several benefits. The main advantages of the unit include:
1. Earning Passive Income
If you want to earn some passive income, adding an ADU can be a great way to do this. You can rent the unit out to tenants looking for affordable housing in your area. ADUs have everything that a renter would need to live independently.
You can also use the ADU to earn income for shorter periods by renting it to people interested in renting the space for vacations. For example, you can use it as an Airbnb, especially if you live in an area that attracts tourists.
2. Increased Property Value
Adding an ADU will also add value to your property. Research shows that these units can increase your home’s value by 25%-34%. The value increase will depend on the ADU’s design elements and construction techniques.
By having an ADU, you’ll be adding more square footage and making your home more valuable in the eyes of potential buyers. This can help increase the overall value of your property.
It can also make attracting and retaining tenants in the rental market easier.
3. More Space for Your Guests
Having an ADU can be a game-changer if you live in a small home. You can use the unit to house your guests when they visit. This way, they’ll have their own space and privacy, and you won’t have to host them in your main residence.
If you have young kids at home, having an ADU offers added privacy and security for you and your little ones. You’ll be able to focus on taking care of your children without worrying about disturbing your guests.
4. Multi-Generational Living Arrangements
An ADU can also be a great option for multi-generational living arrangements. If you have aging parents or adult children who are still living at home, an ADU can provide them with the independence they need while maintaining family connections.
These units offer complete independence and privacy. These features make an ADU the perfect option if you want to stay connected to your family while also giving them their own space.
With an ADU, you’ll be able to accommodate everyone comfortably without sacrificing the comfort and security of your loved ones.
5. A Space for Your Home Office
If you work from home, an ADU can be the perfect space for your office. With an ADU, you’ll have your own private space to focus on your work without distractions. You can also use the unit to run your business if you have a small business or are self-employed.
You can opt to use the ADU for physical activities, including teaching yoga classes. You can accommodate your clients in the ADU, even for therapy sessions.
The privacy of the unit will create a more tranquil environment and provide a comfortable environment for your clients.
ADUs are also a more sustainable option than traditional homes. They use less energy and water, and they generate less waste. This is because ADUs are usually smaller in size than traditional homes.
An ADU won’t require a large land space, which will allow you to conserve land in your area. You can work with a design and production company to help you develop an ADU blueprint that uses the least amount of space while accommodating all your desired features.
One of the vital building tips when adding an ADU to your home is to use sustainable materials and construction techniques. These features will help you reduce your utility costs and carbon footprint.
7. Affordable Housing
Adding an ADU to your home is a great way to provide affordable housing and meet the needs of your community.
If you live in an area with a high demand for affordable housing, adding ADU units can offer more options to residents and help them afford their own homes.
The ADUs will serve as a low-cost housing option for your adult kids. The kids can stay in the ADU as they prepare to live independently or attend college.
The ADU will help them start gaining independence while saving money to transition into their fully-independent lives.
Leverage the Benefits of Accessory Dwelling Units
These are just some of the benefits of accessory dwelling units. Whether you’re interested in earning extra income or providing more space for your family members, an ADU can be a great option for you.
Now that you know the benefits of ADUs, you should start making plans to add one to your property. At Jay Cad, we will provide you with dozens of ADU designs to choose from to ensure you have one that matches your preferences.
Request a quote today to get your ADU project started.