Accessory dwelling units are self-contained housing units subordinate to and located on the same parcel of land as a single-family home. The California Legislature reduced regulations for building ADUs in 2020 as a way for homeowners to create affordable rental housing opportunities for individuals or families.
If you’re wondering how an ADU adds space to a home, here are some great examples:
ADUs differ in size, materials, and how they connect to the main house.
Adding an ADU to your property can increase the value of your home by up to seven percent on average. There are also a few different types of ADU's. An Attached ADU connected to another part of your home, or Backyard cottages and sheds that sit on your lot. Our research looked at all three ADUs and found that they can add as much as 35% to a home’s value. This means if you have an attached unit or a detached unit on your property valued at $100,000, you could be looking at an additional $35,000-$50,000 in increased value just for having an ADU!
An ADU can also help you increase your rental income. For example, if you decide to rent out your ADU, you could earn $1,000 to $3,000 per month depending on where you live in California and other factors such as vacancy rates and rents.
Designing an ADU is slightly different from a new home or other interior conversions; there are many things to consider. But the result, done right, is likely to be a space that can add tremondous value to your home and create more income for you. If you’re looking for an experienced ADU contractor then be sure to call Anchored Tiny Homes in Cambridge / Needham today for a free consultation.