BY BRAD BECKETT ON OCTOBER 17, 2023
The Wall Street Journal says the latest amenity for homeowners is another, smaller home – aka an accessory dwelling unit, or ADU. Click here to read more.
They point that they can be free-standing miniature homes as small as a studio apartment and tucked away in a backyard or located above a garage or even in a basement and extend to more than 2k square feet. We posted a few years ago about how California law encouraged the creation of ADUs to relieve the housing shortage. But, now across the nation more builders are starting to offer them as amenities.
“ADUs are growing in popularity as states encourage their construction through zoning changes and homeowners seek ways to lower their housing costs by renting out these units…”
“The proliferation of ADUs comes as homeowners and renters around the U.S. are grappling with a shortage of housing and high home prices. Adding housing units on existing lots is seen by policy makers as a quick way to increase housing supply. California, Oregon, Maine and other states passed laws in recent years to encourage ADU construction.”
Click here to read the full story at Realtor.com.
Click here to read the full story at the Wall Street Journal.
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