Granny flat. In-law unit. Guest house. Accessory Dwelling Unit. ADU.
Whatever you call it, it’s the smartest way to invest in your property while helping solve the Bay Area’s housing shortage.
There have been sweeping changes in California law that make it easier for you as a homeowner to build ADUs and contribute to the housing supply. Learn to make your property work for you!
Rents are rising and availability is dropping, making this an ideal time to put your property to work by building a money-making rental unit. Earn income to help pay down your mortgage or fund your retirement.
The average rent in Berkeley was $3,213, $2,935 in Oakland, and $2,506 in Walnut Creek, according to a 2020 report released by Rent Café, a nationwide apartment search website.
Seniors increasingly prefer to age-in-place rather than move into a retirement facility. Building an ADU provides creative, flexible, and affordable housing for aging parents.
It’s also the solution for families with young adult children living at home. In California, nearly 40% of young people aged 18 to 34 haven’t left the nest. Moving them into an ADU is a great way to give them – and you – space so you don’t drive each other crazy.
After the COVID-19 crisis wanes, many people will continue working remotely. Building an ADU provides that quiet, dedicated home office you’ve been dreaming of after months of trying to conduct conference calls without kid interruptions or barking dogs.
Are you tired of putting your occasional out of town guests on the couch or your kids’ bottom bunk? An ADU is an excellent solution for out of town visitors. You may find, once you have an ADU, you get to see those loved ones more often.
While it’s difficult to quantify exactly how much resale value an ADU adds to a property, anecdotal evidence shows that homes sold with secondary units have a higher return on investment.
Once upon a time, property owners had to tolerate drawn-out public hearings and permit reviews that took up to two years. But local lawmakers have cleared a lot of red tape and costs in recent years.
Whether you’re a first-timer or seasoned real estate investor, we’d love to work with you.