Backyard Cottage and DADUs
Maximize the assets you already own, like your home and your property.
The holidays are a perfect opportunity to re-evaluate the functionality and usefulness of your home. Entertaining friends, family, and pets for one-day celebrations as well as hosting guests for extended stays, really highlight what works, what doesn’t, and what the dream may be. Maybe it is a remodel to open up the kitchen to the living space – perfect or entertaining – or the need for extra space to accommodate extended family for longer periods of time – whichever, both are good to start discussing immediately if you are considering having it done in time for the 2023 holiday season!
ADUs grow out of a variety of design opportunities. When the additional living space is contained within (think basement, attic) or physically attached (like a converted attached garage or an addition) they are called ADU – or attached accessory dwelling unit. An ADU has the design advantage of feeling like just another part of your home if you want it to and has less of a cost impact due to the easy access to systems/utilities and building no or less exterior walls.
Sometimes, however, it makes sense to have the additional space detached – which is often referred to as a backyard cottage or detached accessory dwelling unit (DADU). More costly than an ADU, but with other advantages (like sound, and privacy for just two) that have additional opportunities for increased value as well.
In today’s crazy world, maximizing your existing assets — like your home and property – is not only smart but sometimes the “easiest” solution for maximum return.
If you find lack of space is your biggest obstacle, many people consider finishing out a basement or adding square footage to the existing home. Neither are an inexpensive endeavor when done right, so we often encourage families to consider diving deeper and maximizing the effort by expanding scope into an Additional Dwelling Unit (ADU). Yes, it costs more and there is often equal to not more value added to your home immediately – not many investments can boast that kind of return!
A few reasons why ADUs pencil out:
Perfect Guest Space
While most of us love having friends and family at our house, things can get a little uncomfortable, especially if you don’t have extra space to begin with. A backyard cottage makes for the perfect guest house friends and family will love!
Ideal for Family Members
These structures make for the perfect in-law suite or multi-generational housing options. Whether you have an aging-in-place family member or your young adult just graduated from college, an ADU allows independence while saving money and being close by to provide support.
Income Generating Rental Opportunities
Have you ever considered investing in rental properties? If so, an ADU is a smart choice! You can rent it out for short periods or fill it with a full-time tenant. Because these units have their own entrance, bedroom, and bathroom, they make for the perfect vacation destination or long-term rental.
Increase Your Property Value
Another benefit of building an ADU is that it will increase your property value. With rental housing costs and the lack of available units, ADUs are becoming more and more popular and are in high demand. Having one on your property will give your home a competitive edge when it comes time to sell.
Sustainable Housing Solutions
The new generation of homeowners and renters are much more concerned with their ecological footprint than ever before. Accessory dwelling units are low-impact housing solutions that tend to use far fewer harmful resources compared to building traditional homes. Because they are small in size, they also require less energy to light, heat, and cool. And utilizing space on an existing housing property rather than breaking new ground is always the more environmentally-friendly approach!
This holiday season, consider giving yourself the gift of more or more flexible space, and consider the real estate investment opportunity “right in your own backyard.” Reach out to us today to help you get started on that path!
Check out our photo gallery page to view a few of our recent backyard cottage, DADU, and ADU projects.