California is facing shortage of affordable housing and this has become one of its biggest problems. While the economy has recovered and the unemployment rate has improved, affordable housing shortage problem is here to stay.
After the pandemic, more people than ever before are struggling to pay their bills especially when it comes to rent. Also, there is a shortage of homes in California that is the main reason why Accessory Dwelling Units are popular here.
Benefits of having an ADU on your property in California
More living space: ADUs provide a more living space for friends, guests and family. With granny flats build in your property, you can provide comfortable and convenient accommodations for friends and guests to stay when they visit.
Housing for senior parents or in-laws: If you are providing care for aging in-laws or parents, ADU is your Go-To option. An ADU provides comfortable and safe living space to them. It gives seniors more independence and privacy while being close by in case they need any kind of help.
Multigenerational living: California granny flats are a great option for the families who want to live together for multiple generations. An ADU can provide each family member private living space. It also is best place for adult child who is graduating college next semester, for they can have their privacy and independence they need while they start their career.
Increased property value: Homeowners in California reap rewards of building an ADU in their property. An ADU can increase the home value significantly and is a great selling point in competitive housing market of California. ADUs add space and are best source of rental income if the owner wants to rent out the space.
Wrap up
Before beginning the construction of ADU in your property, it is advisable to have an ADU Feasibility study to examine all the aspects of ADU build that reviews the potential project and determine the ADU potential for the project in sync with both ADU regulations and building code.
Collaborate with expert ADU professional who will have a complete feasibility study of your ADU project and advice on the various loan options available for the same.