Accessory Dwelling Units: Housing and Rental Options
07 Feb 2023 by Laura Hooks

Most likely you have heard the terms “granny flat” and “in-law apartment”. These are examples of Accessory Dwelling Units (ADUs). These small units, either attached to your home or as a freestanding unit on your property, are great options for families who wish to have a member, such as an elderly parent, live close by. ADUs are also more affordable options for family members who are not yet in the position to own their own home.

ADUs have a kitchen, bedroom, bathroom and living area which makes them ideal as rentals. However, because they share utilities with the main home some simply use them as office space, a personal gym or a guest house. Although the cost of an ADU can range anywhere from a few thousand dollars to much more, they can add to your home’s overall value, sometimes as much as 35%.

Different municipalities have their own specific regulations regarding ADUs. If you are interested in learning more, please let me know and I will help you get started in that process. I am here to answer any other questions you may have about real estate and help you through every step of your transactions. Please feel free to reach out to me any time!

Laura Hooks

BRE# 02084495
Homes for Heroes Realtor
Divorce Real Estate Specialist
Seniors Real Estate Specialist

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You’ve made your decision. It’s time to sell. You’re ready to move up to a home that provides you with the extra space and amenities to host your family and friends. While this decision is exciting, you know that to get the maximum sale price within a reasonable timeline, you want to have the right strategy in place.

You see, selling a large asset like a home can feel overwhelming. How do you prepare your home? How do you price? Will you be able to secure the equity you need to fund your next chapter?

Without expert guidance and a strategic plan, you can easily find yourself settling for less than you deserve.

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The problem is, not every agent has the market knowledge and willingness to walk you through every stage of the process so you feel confident in the decisions you’re making.

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