ADUs: What Are They?
Real estate properties vary on sizes and designs. As someone who is interested in buying a home soon, it’s helpful to keep this in mind. Homeowners are becoming creative nowadays when it comes to the land they own and the available spaces in their backyard. You will discover houses that have additional units attached or detached from the main building and you may be wondering what those are and what they are for. These units are known as ADUs. A lot of houses now have this feature as it serves many different purposes. If you are looking for ways to extend your home, here’s what you need to know about ADUs.
1) ADUs are Accessory Dwelling Units.
From the word itself “accessory,” ADUs are considered different from the main building of your home. You will hear homeowners say mother-in-law apartments and granny flats, which means they are talking about ADUs. Sometimes, these are referred to as basement apartments, an apartment over the garage, or a tiny house in the backyard. It can be attached or detached from the bigger house and still serve as a dwelling for you and your family. Since it’s an accessory unit, most ADUs have smaller spaces.
2) ADUs cannot be sold separately.
ADUs serve as supports to the main house and if you are thinking to sell it without selling your home, there is no way you can do it. Even if you advertise it as a condominium or an apartment, buyers are not allowed to own it unless it will be sold together with the larger house. What you can do to generate extra income from an ADU is to rent it. Most property owners do this to maximize the space in their backyard and at the same time, earn passive income. If you are aiming to make money from ADUs, ensure that it is detached from your house for the privacy of the tenant.
3) ADUs are good for communal living.
ADUs are ideal for communal living. If you are living with your extended family and you want more space and privacy at home, you can use these units to live separately from the other members of your family. This is a good feature of an ADU, even if you are living communally, there is still autonomy and privacy. Another benefit of having this accessory space at home is that you can rent out your larger home and live in the ADU for higher income. Yes, you’ve read it right! It’s not only the ADU you can list for rent. You can also generate money from offering your main house to people who need larger space and still live in your own lot.
4) ADUs can be easily sourced.
There are sellers and fix and flip companies offering properties with ADUs already built. The good thing about buying real estate with this accessory is that you don’t need to plan for and design the unit yourself. However, if you are looking for someone to add an ADU onto your property, you can let an experienced and ethical company do the work for you. A top-ranked fix and flip company offering help in planning, constructing, and designing ADUs in Orange County, CA is Jam Properties, LLC. They take care of the whole process for you. From getting permission to build an ADU to stepping foot inside, the JAM Properties, LLC team will guide you through the journey. Contact them for more information at 949-438-4343 or firstname.lastname@example.org.