August 16

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Accessory Dwelling Units: 7 Advantages You Didn’t Know About

Accessory dwelling units, also known as ADUs, are popping up more and more in cities around the country, but the benefits of these prefab accessory dwelling units go far beyond their ability to meet the growing demand for affordable housing options.

It turns out that if you’re considering adding an ADU outdoor office shed to your property, there are plenty of advantages you may not have known about before! Let’s take a look at seven surprising advantages you didn’t know about accessory dwelling units.

1) Attract Millennials

As the largest generation in American history, millennials are a major force in the housing market. And according to a recent study, they’re more open to living in accessory dwelling units than any other generation. Here are seven reasons why ADUs are perfect for millennials -Millennials can start small with an ADU and later expand it into their own home

  1. ADUs allow for extended family members or friends to live nearby
  2. ADUs can serve as an income source
  3. ADU residents may have lower mortgage payments since there’s no need for additional infrastructure costs (such as pools)
  4. Living close by enables millennials to be involved in the life of their parents or grandparents
  5. Millennials want easy access to public transportation, shops, and parks without being far from home
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2) Easier to sell than main homes

Accessory dwelling units, or ADUs, are becoming increasingly popular as people seek to downsize or generate rental income. And it’s no wonder why: ADUs offer several advantages over traditional homes.

They can be cheaper to build and maintain because they’re smaller in size and have fewer structural components. They also tend to cost less per square foot than single-family homes because they share some of the same infrastructures such as utilities, water service, and drainage systems.

3) No need for additional parking

One advantage of having an accessory dwelling unit is that you generally don’t need to provide additional parking. This can be a big plus, especially if on-street parking is limited in your neighborhood or if you have a small lot and can’t fit another car.

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Plus, it can save you money on construction costs and make your home more environmentally friendly by reducing the number of cars on the road.

4) Increase cash flow from the rental unit

As a homeowner, you can increase your cash flow by renting out an accessory dwelling unit (ADU). An ADU is a small, separate living space on your property that can be used for short-term or long-term rental.  Rentals are projected to rise 10% in the next five years and homeowners will have the opportunity to capitalize on this trend.

Homeowners can also offer accommodations for family members, aging parents, or children returning from college who may need a place to stay until they find employment. Another benefit of renting out an ADU is the potential tax benefits of deducting mortgage interest, property taxes, and depreciation from your income taxes!

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5) Build more flexibility into home design

Homeowners are increasingly looking for ways to build more flexibility into their home designs. One way to do this is by adding an accessory dwelling unit (ADU).

ADUs come in many forms, from a simple converted garage to a complete second home on your property. Here are seven surprising advantages of ADUs that you may not have considered

6) Reduce pressure on green space

As the world’s population continues to grow, the pressure on our green spaces increases. This is why many cities are now encouraging homeowners to build accessory dwelling units or ADUs.

By adding an ADU to your property, you can help reduce pressure on green space while also enjoying some surprising benefits for yourself.

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7) Use the existing garage area

An accessory dwelling unit, or ADU, is a secondary living space on your property. They are often small and can be built using an existing garage or converted basement. ADUs can provide many benefits to homeowners, including extra income, more privacy, and increased security. Let’s take a look at seven surprising advantages of having an ADU.

Conclusion

Accessory dwelling units (ADUs) are proving to be an excellent way to create affordable and sustainable housing options in urban areas, as well as providing homeowners with extra space that they didn’t know they needed until it was built. These structures can be small in scale or they can be designed to accommodate full-sized living spaces—either way, they’re proving to be incredibly useful in more ways than one.

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