With low housing inventory affecting much of the real estate communities in America, it’s safe to say that new ideas are worth considering.
That’s where accessory dwelling units – or ADUs – come in.
Many communities nationwide are discussing lifting zoning requirements to allow more ADUs in neighborhoods in efforts to help battle low housing inventory.
Spaces like an empty free-standing garage, a backyard cottage, or an in-law apartment / granny flat could be added onto an existing home.
California is one of the many states seriously considering this option. One project underway, United Dwelling, will work with a homeowner to pay for a garage conversion – once it has been completed, they’ll manage the rental of the apartment to a tenant and split the rent with the homeowner.
These extra units not only provide extra income for homeowners, but it also helps supply extra housing.
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