Benefits of Installing an ADU In Your Backyard!
Pictured: Perpetual Homes - The Communal Elevation
It’s no news that there is a housing crisis in California. A 2016 study identified that California will need 3.5 million more homes by the middle of the next decade. Most Californians simply cannot afford a decent house at current price ranges. Many Californians have had to move farther and farther out of town to find cheaper places to live, struggling with horrendous commutes, and more time away from family. Others grapple with parents or adult children who simply cannot afford to live nearby.
In order to solve this housing shortage, California has turned to Accessory Dwelling Units (ADUs). An ADU is simply a second small dwelling on the same grounds as your single-family home. The ADU can serve as a small house, backyard retreat, or even a home office. ADUs are oftentimes called granny flats, in-law units, tiny houses, or secondary dwelling units. In addition, many multi-family attached properties can add two detached ADU’s per property. ADU’s are appealing because they cost less than other forms of housing and make use of existing land.
WHO WOULD BE A GOOD CANDIDATE FOR ADDING AN ADU?
• Homeowners who need additional monthly income
• Adults with aging parents who require financial support or in home care • Families with recent college graduates that have returned home
• Those in need of a home office
• Adults that need a quiet space to getaway (ie. a “man- cave” or studio)
Homeowners can look at ADUs as an investment in the future simply because they can be considered rental units to provide an extra income. In addition, they can offer more space for family members. Some people even decide to downsize and live in the ADU while renting out their primary dwelling. For instance, ADU’s in Alamo, California command approximately $3,600 per month; a 15% return on investment!
As our nation ages, many Americans are turning their attention to caring for their parents. The cost of paying for full-time health care can be exorbitant. Allowing aging parents to live in an ADU on your property can be a life saver!
Millennials are returning home in record numbers. It’s estimated that 85% of college graduates now circle back to the bedrooms they lived in during high school. An ADU can provide your kids with their own place to live, while preserving your empty nest and your sanity.
These days, more companies are allowing their employees to work from home, which can be challenging. An air conditioned office shack can provide a perfect quiet retreat for someone that works from home. Prices start at $26,900.
With the housing shortage, and rapidly increasing rents/mort- gages, it is becoming increasingly difficult to afford living in the Bay Area. An ADU can be the perfect solution for bringing in additional revenue or for housing multi-generational families.
Written by Benjamin Donel:
The highly regarded ADU builder, Perpetual Homes, specializes in providing affordable, sustainable, turn-key backyard ADU’s in the Bay Area. Perpetual Home ADU’s are placed on a permanent foundation so they are earthquake resistant. Assembled off-site to ensure the highest standards of quality, with minimal disruption to the homeowner, Perpetual Homes offers a huge array of floor plans/exterior design options, and dwelling sizes (that can range in size from the 160 sq ft office shack all the way up to two bedroom / 2 bath 700 square ft dwelling). To find out more about adding an ADU, visit www.perpetualhomesadu.com, email perpetualhomesadu@gmail.com, or call 925-980-2351.
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