There are a lot of people around the United States who are currently gauging their interest in ADU floor plans at their homes, and this is mainly because ADUs (accessory dwelling units) are a major trend in today’s real estate market.
ADUs have actually been very popular for a long time, but the recent inventions of short-term rental apps like Air BnB are making this type of property investment even more enticing in 2023.
Below are five awesome benefits to keep in mind when it comes to investing in ADU floor plans!
Increasing A Residential Property’s Overall Value
To put it simply, a home with an ADU is likely going to be more valuable as compared to a similar home without an ADU. These types of units are huge in today’s real estate market, so the actual construction investment associated with ADUs can potentially lead to considerable returns.
Construction costs are typically small when it comes to all of the benefits associated with these units, and increasing your home’s value is always something to be proud of. ADUs often attract specific types of homebuyers who are looking for this exact type of property setup, and these types of buyers are often willing to substantially increase their asking prices to simply get a shot at making an attractive offer!
Turning Your ADU Into A Rental Unit, And Earning Passive Income Through It
Today’s ADUs are often turned into sources of passive income for homeowners, which typically comes in the form of a short or long-term rental space. Choosing rental length is always totally up to a homeowner, but there are pros and cons associated with both rental arrangements that you should know about.
What’s great about renting out your ADU is that your passive income will help you with important expenses like your mortgage and other expensive monthly bills. ADUs are particularly lucrative in tourist destinations via apps like Air BnB, and this is because touristy areas can charge premium rates and really start to add up for monthly passive income!
ADU Floor Plans Are Perfect For Your Visitors
ADUs are also a great solution for residential properties that need a more private space for out-of-town visitors. Whether it’s for your friends or family, your ADU can make your visitors feel more welcomed and comfortable because they won’t be intruding upon your personal space as much.
For grandparents, ADUs are often a much better solution as compared to nursing homes. This is because an elderly loved one can essentially have their own home while still being close by for shared meals and everyday necessities.
Affordable Housing For Adult Children
ADUs are also a great option for families with adult children who are just getting out of school or are simply struggling financially like so many other Millennials and Gen Z’s in today’s tough job market.
So your adult children can feel at least a little bit better about living at home when they have their own unit space, and this can help them to save up for big investments during transition periods.
Incredibly Convenient Home Office Space
Remote working has become a global phenomenon in recent years, and more people are looking to invest in ADUs so that they can have the home office they’ve always dreamed of.
Working from home can be a hassle when you don’t have the right space within your home, but investing in an ADU home office can change everything and make working from home more comfortable and efficient!
Reach Out To The Dryve Design Group To Learn More About ADU Floor Plans!
ADU floor plans are all the rage throughout the real estate industry for a reason, and if you’re interested in this type of investment, then you’re going to need some serious help to turn your ADU dream into reality.
The ADU experts at The Dryve Design Group are just a few clicks away when you go through the link at the top of the page that goes to their website, so check their site out if you want to learn more about how an ADU floor plan could work at your house!