Key Points
- Accessory Dwelling Units Rock: Lindsey Harn makes a case for Accessory Dwelling Units (ADUs) as the next big thing in real estate. Kind of like that new Star Wars trilogy we didn’t ask for, but are glad we got anyway.
- Flexibility for All: ADUs are Jack Sparrow of housing solutions. They can keep your college-going kid from turning into a couch potato at your place. Or, give your old folks a snug little space which isn’t as confining as retirement homes.
- Value Addition: Think of ADUs as those extra fries in a Happy Meal, they just add to your property’s value. A smart move for homeowners and a potential model for property developers.
- Community Building: ADUs let homeowners be like ants in an anthill, working on building a better community. An anthill without all the dirt and creepy crawlies, obviously.
- Inclusive Zoning Laws: ADUs are becoming the cute, tiny houses we see in movies, all thanks to flexible zoning laws. So, no more complaining about how stories are better than reality.
Hot Take
Once upon a time, Cinderella was the only one famous for living in strange places like a pumpkin, but thanks to our magical fairy, Ms. Harn, everyone can have their own Cinderella moment. ADUs fit just about everything – your college kid, grandma, or your dreams of a better community. The only thing they’re missing is their own Disney movie.
Even your property is gonna thank you for it. The value of your home might just shoot up faster than a toddler on a sugar rush. Developers should really consider ADU incorporation as their secret formula, kind of like the Krabby Patty method in real estate development.
And when it comes to zoning laws, it seems like lawmakers are finally cracking the code. ADUs are no longer having to sit at the kids’ table. They’re becoming the cool adults, ready to throw the biggest party in town.
In the timeless words of Voltaire (or was it Spider-Man’s Uncle Ben?), with great power comes great responsibility. As Ms. Harn indicates, with the increasing flexibility of zoning laws, homeowners have a new tool in their belt to contribute to the community. So, follow the ant analogy from earlier, minus the dirt. We’re here to make a positive difference, not literally move mountains (or mounds of earth).
In a nutshell, ADUs are the uncut diamonds of real estate. Time to bring in the jeweler’s loupe, folks!
Original article: https://www.inman.com/2024/02/22/heres-what-to-know-to-unlock-the-value-in-an-adu/