By Louis Jones 
Learn All About The Benefits You Can Have If You Build An ADU
Accessory Dwelling Units, or ADUs for short, are small homes built on the same property as the primary residence. Usually consisting of one or two bedrooms and their own kitchen and bathroom, these cute little abodes can be used in many ways: home office space, guest house for visiting family and guests, or even your mother-in-law’s new place!
In the last five years, the United States, especially Southern California, has seen an increased demand for affordable housing. As a result, there has been an increase in ADU building and ADU enterprises. Homeowners and investors are beginning to open their eyes to the benefits of living in their own property without looming mortgage payments or additional utility bills.
If you’re wondering how you could earn additional income without investing in a completely detached property or just want more information about accessory dwelling units in general, you’ve come to the right place. Let’s review the top 6 reasons to build an ADU on your property.
- Rental unit for passive income
Is an ADU a good investment? The answer is unequivocal, yes! In fact, the main reason homeowners decide to invest in an ADU is that the accessory dwelling units generate a significant amount of income.
In 2022, the key will be to find new and innovative ways to generate passive income. Adding a second unit to your property can be an opportunity to start earning passive income.
ADUs typically have their own entrance, kitchen, bathroom, and bedroom, so you can rent them out as separate living spaces for tenants and earn extra money for the time they spend with you.
This is perfect if short-term or monthly rental payments are more convenient for both parties involved and give tenants a place to feel at home without having to commit to a long-term lease. This creates an additional stream of income outside of what a traditional rental currently provides.
- Increased property value
Second to passive income, another popular reason to build an accessory dwelling unit is that it will increase the value of your property. You don’t need to break the bank to increase the resale value of your property.
Building an accessory dwelling unit (ADU) or converting your garage will do just that according to sources like The Nest and the National Association of Realtors report.
Most prospective homeowners are willing to pay more for properties with ADUs, as they offer greater flexibility, privacy, and lower monthly expenses.
- Family and guests coming from out of town
If you love hosting friends and family, but your home can’t accommodate them, an ADU is a perfect solution. You will have your privacy while they stay with a comfortable bed to sleep in, as well as their own space if you’d like to spend some time alone during their visit.
- Low-cost housing for elderly relatives and caregivers
ADUs, or mother-in-law suites as they are sometimes called in the US, can be a great way to give parents and grandparents extra space while still being close. Building an ADU for elderly parents can help keep your loved ones closer to home and allow you to participate in their daily life.
This is a great option to give older family members the opportunity to continue to live independently while still being able to keep an eye on them in case they need help.
- Adult children and college graduates
New research suggests that many “young millennials” will live with their parents after college. The study, conducted by TD Ameritrade and called the “Boomerang Generation,” shows that 50% of people under the age of 30 plan to move back in with mom and dad once they graduate from college.
An ADU is an affordable way to help your children get their feet on the ground while living under one roof! The rent you charge them will be minimal and fair, considering they are saving money by staying nearby.
- The ultimate home office or workout space
If you live in an urban area and work from home, an ADU may be the perfect space for a home office. Whether it’s for meditation or yoga classes or accommodating clients as part of your therapy session, an ADU is an ideal solution!
The privacy makes this place feel like a desert island and creates an aura of peace and tranquility. Build an accessory dwelling unit on your property and leave the commute and noise of the city behind.
Ready to take the plunge? At Done Right Home Remodeling we are ADU contractors serving homeowners in Santa Clara. ADU contractors in Santa Clara Done Right Home Remodeling has what it takes to build the unit you’ve always wanted.
We’re excited to hear your ideas and put them into action. Call Done Right Home Remodeling today to schedule your consultation.
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Top 6 Advantages Of Having An ADU – Done Right Home Remodeling
ADU contractors in Santa Clara Done Right Home Remodeling will help you design your perfect ADU with efficiency and ease. Call us today