Not everyone may have heard of accessory dwelling units (ADUs). Although, most have likely seen them, one time or another. And, what exactly are they? Well, you know that cottage you may have seen built right beside a single family home? Or, maybe it was in the back? That would be one example. In fact, most of us have seen the apartment built over the garage, on some properties. As a result, these are common types of ADUs. They are standalone, if you will, home units on shared property. Also, you can find them in the form of basement apartments. Here are some other, interesting facts about Accessory Dwelling Units.
Facts About Accessory Dwelling Units (ADUs)
Whatever forms ADUs take, they have one thing in common. Legally, they are part of the same property as the main dwelling. And, that’s what sets them apart. At the same time, an ADU cannot be bought or sold separately from the main property. As a result, it follows that the owner of the main home also owns the ADU.
Other interesting facts about Accessory Dwelling Units include a resurgence in popularity. That’s right. Once they were a key part of development, for vintage homes. Although, that changed. After WWII, not so much. Builders to a different route, as did home buyer preferences. That said, it’s easy to see ADUs have made a come back in the real estate market, for awhile now.
How many of us or those we know have talked about or actually built a granny flat? Well, that’s just one of the more recognized names, for ADUs. You may have heard them called laneway houses, or secondary dwelling units. What about carriage houses or garden cottages? Although, why do people build them? It isn’t always to house a part of the family. In fact, ADUs are popular for gaining rental income. Also, they often make for the best use of existing property. That includes benefits for both the owner and neighborhood. As a result, whether it’s for family or rental income, Accessory Dwelling Units have earned a solid place in the real estate world. They’ve certainly caught my interest. How about you?
Would you like to know more about properties with ADUs, in the Los Angeles area? Talk with a real estate expert. In fact, give the LaRoche Team a call. They are seasoned real estate pros. And, they have experience with a full range of property types. Why not give them a call today?
