Accessory dwelling units -- often called granny flats, mother-in-law suites, garage apartments and even tiny houses -- are one of the most talked about trends in real estate. These extra living spaces don't just make a great place for loved ones to stay; they can also offer another income stream.
Should you buy in to the trend and add one to your existing property? Should your new home wish list include an accessory dwelling unit (ADU)? Here are a few of the perks you stand to gain with one:
While the upsides are plentiful, ADUs are only beneficial if they're legal. Most cities have detailed rules and regulations regarding building and renting these units.
Have questions about adding an ADU to your property? Or have your eye on a property that already has one? Please get in touch.
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