Hey, future homeowners! What would you think, if I told you that your next home could actually help pay for itself? That’s right! Today, we’re talking about one of the smartest ways to build wealth through real estate with an Accessory Dwelling Unit, or ADU.
Hi, I am Terry Tucker with eXp Realty, a 27-year veteran of real estate in the San Ramon Valley and beyond!
So, what’s an ADU? It’s an Accessory Dwelling Unit. It’s any extra living space like a backyard cottage, a converted garage, or even a basement apartment right on your property. A recent survey found that 24% of agents say buyers are actively searching for homes with an ADU because of their benefits like generating extra rental income, creating a flexible living space for aging parents or adult children.
And here’s why you should consider having one in your next home:
Passive Income Potential. Imagine having a built-in rental unit that could generate $1,500, $2,500, even $3,500 a month. That’s extra cash to cover your mortgage or boost your savings.
It can also be room for family. Whether it’s space for aging parents, adult children, or long-term guests, an ADU gives you privacy and flexibility while keeping loved ones close.
Here’s the best part, ADUs add huge value to your home. That means when it’s time to sell, you’ll be cashing in on a smart investment that pays off big time.
As always, do your research because some cities offer grants, low-interest loans, or relaxed zoning laws to encourage ADU construction.
So, if you’re thinking about buying a home this Spring why not get one that pays you back. Let’s find your perfect property with an ADU or one that’s perfect for adding one, so you can have your dream home as well as the opportunity to generate additional income or provide space for family. Reach out to me so we can get you started on your search today.
I’m Terry Tucker and I am ready when you are!