Is an Accessory Dwelling Unit Right for You? Are you having a hard time finding the right home in your budget? Either way, accessory dwelling units (ADUs) could be the smart solution you’ve been looking for in today’s market.
What Is an ADU?
It must include its own areas for living, sleeping, cooking, and bathrooms independent of the main house. And they can take shape in a few different ways. Fannie Mae adds, an ADU can be:
- Within a main home, such as a basement apartment
- Attached to a main home, such as a living area over a garage
- Detached from the home entirely; it could even be a manufactured home
The Benefits of ADUs
ADUs are growing in popularity as more people discover why they’re so practical. In fact, a recent survey shows that 24% of agents say an ADU, such as a mother-in-law house, is one of the most desired features buyers are looking for right now.
The growing appeal makes sense.
Here are some of the other top benefits of ADUs, according to Freddie Mac and the AARP:
- Living Close, But Still Separate: You get the best of both worlds — more quality time together, plus privacy when you want it.
- Aging in Place: Similarly, ADUs allow older people to be close to loved ones who can help them if they need it as they age. It’s a sweet spot that offers independence and support from loved ones.
- Built-In Childcare: If your family’s living in the ADU, you may be able to use them for childcare, which can also be a big cost savings. Plus, it gives your kids more time with their grandparents.
And while that’s changing in some states, regulations vary by location. So, connect with a local real estate expert for the most up-to-date guidance. Is an Accessory Dwelling Unit Right for You?