There are times when you want to expand your living space at an affordable cost. This is where an accessory dwelling unit comes to the rescue. It refers to having a small and secondary dwelling on the same premise or attached to your family home. It is a simple and old idea regaining popularity in the low-cost housing market today.
Accessory dwelling unit floor plans for your home
You can get accessory dwelling unit floor plans from a credible company for-
- An apartment over a garage.
- A tiny living space on the foundation in your backyard.
- An apartment in the basement.
Irrespective of its form, the ADU is legal and part of your property. It belongs to your main home and cannot be sold or bought as a separate structure like a condominium or any dwelling located on wheels. Here, the owner of the main home is the owner of the accessory dwelling unit as well.
Reasons for building an ADU
There are multiple reasons for constructing an ADU. The most common one is to accommodate family members for extra living space. Another top reason for building an ADU is to earn extra rental income. Moreover, having an ADU on your property adds to the resale value of your home.
There have been several cases where families have moved into the ADU themselves and rented out the main home for rent. Banking on the right company and team of professionals will ensure you will get the same financial flexibility if you are interested in generating extra income from your existing property as well.
Choosing the right company
When you have decided to construct an ADU on your property, you need to hire the right professionals for the job. Several credible companies specialize in the construction of ADUs, and you should contact them for a free home evaluation.
The experts from the company will come to your home and assess the space where you would like the ADU to be. They will examine the feasibility of the project and give you a report on the same. Likewise, when they drop in your home for an evaluation, they will give you a rough estimate of the costs of constructing an ADU. In this way, you are aware of the costs and the time that it will take for the company’s specialists to construct the ADU on your property.
Financial options are available for ADUs
You can also qualify for financing options when it comes to investing in an ADU for your home. You need to contact the company for a complete survey to check whether the property qualifies for the financing options available with them.
Good companies will give you accessory dwelling unit floor plans created by specialists in the field. They will ensure the whole space is utilized optimally so that you get a comfortable living area for yourself or for renting out to others. The biggest advantage of ADUs is that it offers a lot of financial flexibility to families looking for an extra source of income from their homes at a low investment cost.