{"id":8181,"date":"2023-11-01T10:30:00","date_gmt":"2023-11-01T10:30:00","guid":{"rendered":"https:\/\/thezakariagroup.com\/what-are-accessory-dwelling-units-and-how-can-they-benefit-you\/"},"modified":"2023-11-01T10:30:00","modified_gmt":"2023-11-01T10:30:00","slug":"what-are-accessory-dwelling-units-and-how-can-they-benefit-you","status":"publish","type":"post","link":"https:\/\/thezakariagroup.com\/what-are-accessory-dwelling-units-and-how-can-they-benefit-you\/","title":{"rendered":"What Are Accessory Dwelling Units and How Can They Benefit You?"},"content":{"rendered":"<div><img decoding=\"async\" width=\"358\" src=\"https:\/\/files.keepingcurrentmatters.com\/content\/images\/20231030\/20231101-What-Are-Accessory-Dwelling-Units-and-How-Can-They-Benefit-You.png\" alt=\"What Are Accessory Dwelling Units and How Can They Benefit You? Simplifying The Market\" loading=\"lazy\" style=\"display: block; margin-bottom: 5px; clear: both; max-width: 100%;\"><\/p>\n<p><span style=\"color: rgb(33, 33, 33);\">Maybe you\u2019re <\/span><a href=\"https:\/\/www.simplifyingthemarket.com\/2023\/10\/18\/what-are-the-real-reasons-you-want-to-move-right-now\/\" rel=\"noopener noreferrer\" target=\"_blank\">in the market<\/a><span style=\"color: rgb(33, 33, 33);\"> for a home and are having a <\/span><a href=\"https:\/\/www.simplifyingthemarket.com\/2023\/09\/29\/explaining-todays-low-housing-supply-infographic\/\" rel=\"noopener noreferrer\" target=\"_blank\">hard time<\/a><span style=\"color: rgb(33, 33, 33);\"> finding the right one that fits <\/span><a href=\"https:\/\/www.simplifyingthemarket.com\/2023\/10\/16\/are-higher-mortgage-rates-here-to-stay\/\" rel=\"noopener noreferrer\" target=\"_blank\">your budget<\/a><span style=\"color: rgb(33, 33, 33);\">. Or perhaps you\u2019re already a homeowner in need of extra income or a place for loved ones. Whether as a potential homebuyer or a homeowner with changing needs, accessory dwelling units, or ADUs for short, may be able to help you reach your goals.<\/span><\/p>\n<h4><strong>What Is an ADU?<\/strong><\/h4>\n<p>As <em>AARP<\/em> <a href=\"https:\/\/www.aarp.org\/content\/dam\/aarp\/livable-communities\/housing\/2023\/slideshow-abcs-of-adus\/Presentation-The%20ABCs%20of%20ADUs-2023-0706.pdf\" rel=\"noopener noreferrer\" target=\"_blank\">says<\/a>:<\/p>\n<blockquote><p><em>\u201cAn ADU is a small residence that shares a single-family lot with a larger, primary dwelling.\u201d<\/em><\/p><\/blockquote>\n<blockquote><p><em>\u201cAn ADU is an independent, self-contained living space with a kitchen or kitchenette, bathroom and sleeping area.\u201d <\/em><\/p><\/blockquote>\n<blockquote><p><em>\u201cAn ADU can be located <\/em><strong><em>within<\/em><\/strong><em>, <\/em><strong><em>attached to<\/em><\/strong><em>, or <\/em><strong><em>detached from<\/em><\/strong><em> the main residence. It can be created out of an existing structure (such as a garage) or built anew.\u201d<\/em><\/p><\/blockquote>\n<p>If you&#8217;re thinking about whether an ADU makes sense for you as a buyer or a homeowner, here&#8217;s some useful information and benefits that ADUs can provide. Keep in mind, that regulations for ADUs vary based on where you live, so lean on a local real estate professional for more information.\u00a0\u00a0<\/p>\n<h4><strong>The Benefits of ADUs<\/strong><\/h4>\n<p><a href=\"https:\/\/sf.freddiemac.com\/docs\/pdf\/fact-sheet\/adu-fact-sheet.pdf\" rel=\"noopener noreferrer\" target=\"_blank\"><em>Freddie Mac<\/em><\/a> and the <a href=\"https:\/\/www.aarp.org\/content\/dam\/aarp\/livable-communities\/housing\/2023\/slideshow-abcs-of-adus\/Presentation-The%20ABCs%20of%20ADUs-2023-0706.pdf\" rel=\"noopener noreferrer\" target=\"_blank\"><em>AARP<\/em><\/a> identify some of the best features of ADUs for both buyers and homeowners:<\/p>\n<ul>\n<li><strong>Living Close by, But Still Separate<\/strong>: ADUs allow loved ones to <a href=\"https:\/\/www.simplifyingthemarket.com\/2023\/10\/10\/are-grandparents-moving-to-be-closer-to-their-grandkids\/\" rel=\"noopener noreferrer\" target=\"_blank\">live together<\/a> while having separate spaces. That means you can enjoy each other\u2019s company and help each other out with things like childcare, but also have privacy when needed. If this appeals to you, you may want to consider buying a home with an ADU or adding an ADU onto your house<em>. <\/em><a href=\"https:\/\/sf.freddiemac.com\/docs\/pdf\/fact-sheet\/adu-fact-sheet.pdf\" rel=\"noopener noreferrer\" target=\"_blank\">According<\/a> to <em>Freddie Mac<\/em>:<\/li>\n<\/ul>\n<blockquote><p><em>\u201cHaving an accessory dwelling unit on an existing property has become a popular way for <\/em><strong><em>homeowners to offer independent living space to family members<\/em><\/strong><em>.\u201d<\/em><\/p><\/blockquote>\n<p><\/p>\n<ul>\n<li><strong>Aging in Place<\/strong>: Similarly, ADUs allow older people to be close to loved ones who can help them if they need it as they age. It gives them the best of both worlds \u2013 independence and support from loved ones. For example, if your parents are getting older and you want them nearby, you may want to buy a home with an ADU or build one onto your existing house. <em> <\/em><\/li>\n<\/ul>\n<p><\/p>\n<ul>\n<li><strong>Affordable To Build<\/strong>: Since ADUs are often on the smaller side, they\u2019re typically less expensive to build than larger, standalone homes. Building one can also increase your property\u2019s value.<\/li>\n<\/ul>\n<p><\/p>\n<ul>\n<li><strong>Generating Additional Income<\/strong>: If you own a home with an ADU or if you build an ADU on your land, it can help generate rental income you could use toward your own mortgage payments. It\u2019s worth noting that because an ADU exists on a single-family lot as a secondary dwelling, it typically cannot be sold separately from the primary residence. But that\u2019s changing in some states. Work with a professional to understand your options.\u00a0<\/li>\n<\/ul>\n<p>These are a few of the reasons why many people who <a href=\"https:\/\/www.simplifyingthemarket.com\/2023\/10\/04\/understanding-the-benefits-of-owning-your-first-home\/\" rel=\"noopener noreferrer\" target=\"_blank\">benefit<\/a> from ADUs think they\u2019re a <a href=\"https:\/\/www.simplifyingthemarket.com\/2023\/10\/02\/unpacking-the-long-term-benefits-of-homeownership\/\" rel=\"noopener noreferrer\" target=\"_blank\">good idea<\/a>. As Scott Wild, SVP of Consulting at <em>John Burns Research<\/em>, <a href=\"https:\/\/www.wsj.com\/economy\/housing\/tiny-homes-are-the-hot-new-homeowners-accessory-71cc05a9\" rel=\"noopener noreferrer\" target=\"_blank\">says<\/a>:<\/p>\n<blockquote><p><em>\u201cIt\u2019s gone from a small niche in the market to really <\/em><strong><em>a<\/em><\/strong><em> <\/em><strong><em>much more impactful part of new housing<\/em><\/strong><em>.\u201d<\/em><\/p><\/blockquote>\n<h3>Bottom Line<\/h3>\n<p>ADUs have some great advantages for buyers and homeowners alike. If you&#8217;re interested, reach out to a real estate professional who can help you understand local codes and regulations for this type of housing and what\u2019s available in your market.<\/p>\n<\/div>\n<p class=\"wpematico_credit\"><small>Powered by <a href=\"http:\/\/www.wpematico.com\" target=\"_blank\" rel=\"noopener\">WPeMatico<\/a><\/small><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Maybe you\u2019re in the market for a home and are having a hard time finding the right one that fits your budget. Or perhaps you\u2019re already a homeowner in need of extra income or a place for loved ones. Whether as a potential homebuyer or a homeowner with changing needs, accessory dwelling units, or ADUs [&hellip;]<\/p>\n","protected":false},"author":101010,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false}}},"categories":[874,100],"tags":[],"jetpack_publicize_connections":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>What Are Accessory Dwelling Units and How Can They Benefit You? - The Zakaria Group<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/thezakariagroup.com\/what-are-accessory-dwelling-units-and-how-can-they-benefit-you\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"What Are Accessory Dwelling Units and How Can They Benefit You? - The Zakaria Group\" \/>\n<meta property=\"og:description\" content=\"Maybe you\u2019re in the market for a home and are having a hard time finding the right one that fits your budget. 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