An ADU (Additional Dwelling Unit) on your property can be a terrific multi-generational investment. You may have heard of these by other names such as mother-in-law suite, granny flat, coach house, laneway house, Ohana dwelling unit, granny annex, granny suite or in-law suite.
Grandparents:
- Aging parents can continue to live independently.
- Grandma and Grandpa can enjoy the grandkids, and adult children.
- Grandparents can help care for grandchildren, drive them to activities, encourage, and teach them.
- Grandparents can influence, and develop close relationships with their children and grandchildren.
Adults:
- You can check in and help parents or children without driving miles or wasting hours in the car.
- Adult children and their family can live near (but not WITH you).
- Adult children can save on rent until they can afford their own home.
- You could rent the ADU for supplemental income, or use it as an AirBnB.
- You could live in the ADU and rent the big house, or sell it to your kids.
- Rental rates will increase as the years go by, insuring steady income in the future.
Building material costs keep going up, which will continue to increase home prices. A DeTray’s Custom Housing ADU is a smart investment that will benefit your family financially, physically, and emotionally now and in the years ahead! Come see me for additional details.
Lora Whitemarsh
DeTray’s Custom Housing Consultant
Looking for a home with ADU unit for my daughter and I…. ASAP