ADUs, or accessory dwelling units, were popular additions to homes across the country back in the early 20th century but saw a rapid decline after WWII as developing suburbs caught the attention of American families.
Today, ADUs are becoming increasingly popular due to the many benefits they provide to homeowners, especially in Long Beach. So, whether you have one or are considering making an addition, let’s look at the benefits of an ADU unit to see why ADUs in Long Beach make sense.
One benefit of an ADU is to keep an elderly family member close by. Having a separate living space for them allows them to be close enough to you should any emergencies arise while maintaining the independence they desire.
Even if you don’t have elderly family members, ADUs also make great homes for live-in nannies or caretakers if you have children or other family members needing additional assistance throughout their days.
ADUs tend to be more low-impact and sustainable housing options than your typical single-family home because they are compact. Limited resources are used to heat and cool the space, helping to keep your utility bills minimal and your carbon footprint even smaller.
One of the most significant benefits of an ADU unit on your property is the opportunity it creates for you to begin earning passive income off of it. As the property owner, it’s up to you to decide whether you want to earn this income on a steady monthly basis or off and on for shorter periods.
Standard ADU units have entrances, bedrooms, bathrooms, kitchens, etc., which means renting them out to tenants is relatively simple. This added income can help you pay for your living expenses, including your mortgage, car loan, or insurance.
You can consider short-term options, such as Airbnb or VRBO, if you’re not particularly keen on renting out your ADU full-time. If you’re centrally located in Long Beach, your ADU could be a hit and potentially earn you even more income this way.
An ADU also allows you to have additional hosting space if a friend or family member visits you in Long Beach. If your house feels a bit cramped or you want for your guests to have their own space, an ADU is a perfect option.
Most homeowners are interested in increasing their property value and having an ADU most certainly assures that. According to the National Association of Realtors, 33% of home buyers would pay $3,000 more for an ADU on property.
It’s common to see homeowners consider a cash-out refinance as an option to help cover the upfront costs of adding an ADU, regardless of their current financial situation.
Whether you’re interested in improving an existing unit or adding a new one altogether, it’s clear to see the benefits of an ADU unit for your property. If you’re interested in finding out more, let the professionals at Zieba Builders lend a hand.
We have decades of experience at Zieba Builders, including craftsmanship specifically for ADUs. For more information on our ADU capabilities and what else we can do to transform your home, please call us at 562-439-5294!