{"id":18085,"date":"2020-05-11T10:23:19","date_gmt":"2020-05-11T17:23:19","guid":{"rendered":"https:\/\/www.simplicity-homes.com\/?p=18085"},"modified":"2021-02-18T08:03:11","modified_gmt":"2021-02-18T16:03:11","slug":"growth-of-adus-why-it-might-be-the-right-investment-for-you","status":"publish","type":"post","link":"https:\/\/www.simplicity-homes.com\/blog\/2020\/05\/11\/growth-of-adus-why-it-might-be-the-right-investment-for-you\/","title":{"rendered":"Growth of ADUs \u2013 Why it might be the right investment for you"},"content":{"rendered":"<h2><strong>ADUs \u2013 What are they and why do you need one?<\/strong><\/h2>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-13419 alignleft\" src=\"https:\/\/stg.simplicity-homes.com\/blog\/wp-content\/uploads\/2017\/12\/SIMPL_AmandaL_1357TurtleLn-2.jpg\" alt=\"\" width=\"470\" height=\"278\" \/><\/p>\n<p style=\"text-align: left;\">Maybe you haven\u2019t heard the term ADU, but what about in-law suites, guesthouses, secondary suites or tiny homes. Nowadays, ADUs \u201caccessory dwelling units\u201d are more than just homes for your parents or relatives\u2014they are being utilized as rental homes to offset a homeowner\u2019s own mortgage. Built as a secondary housing unit on an existing single-family residence, ADUs can be a smart long-term investment.<\/p>\n<h2><strong>Upswing in cities approving ADUs<\/strong><\/h2>\n<p>Portland, Oregon has been one of the major cities leading the way on ADUs, but now city municipalities in other states are modifying and changing property laws to accommodate these dwellings too. We have seen an upswing in local governments approving new laws or adjusting existing law to allow for such living spaces on homeowner properties. Just recently, Boise, Idaho amended their <a href=\"https:\/\/www.cityofboise.org\/departments\/planning-and-development-services\/accessory-dwelling-units\/\" target=\"_blank\" rel=\"noopener noreferrer\">ADU requirements<\/a> so the dwellings can now be up to 700 sq ft. and 2-bedrooms.<\/p>\n<h2><strong>Is an ADU right for you?<\/strong><\/h2>\n<p>Many people are turning away from larger homes and looking for a smaller, more economical, simpler ways of living during the new \u201ctiny home\u201d movement. ADUs offer a solution for people needing their own dedicated living space, but with lower rent than traditional housing rentals.<\/p>\n<p>Building an ADU on your existing residential property could be a profitable investment for your family. These smaller stick-built homes can be more feasible solutions for those wanting to enter into the rental market. Or maybe it\u2019s time to move your parents near you into a more compact, lower maintenance living space. These are just some of the many reasons, homeowners are building ADUs on their current properties.<\/p>\n<h2><strong>Where to start<\/strong><\/h2>\n<p>You\u2019ve determined you need an ADU, so now where to start. First, research your local city\u2019s laws on ADUs for determining size, setbacks and other guidelines. Once you know you can build an ADU on a new or existing property, contact <a href=\"https:\/\/www.simplicity-homes.com\/contact\/\" target=\"_blank\" rel=\"noopener noreferrer\">Simplicity Homes<\/a> for a free homesite evaluation so we can advise you on the best solutions for your specific property. You can also check out our <a href=\"https:\/\/www.simplicity-homes.com\/our-homes-on-your-land\/home-plans\/wise-size-home-plans\/\" target=\"_blank\" rel=\"noopener noreferrer\">WiseSize<\/a> smart-sized homes online\u2014we offer cottage and modern style homes ranging from 400-1064 sq ft. and up to 3 bedrooms.<\/p>\n<h6><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-18093 aligncenter\" src=\"https:\/\/stg.simplicity-homes.com\/blog\/wp-content\/uploads\/2020\/05\/ADU-Modern--300x200.jpg\" alt=\"\" width=\"723\" height=\"482\" srcset=\"https:\/\/www.simplicity-homes.com\/blog\/wp-content\/uploads\/2020\/05\/ADU-Modern--300x200.jpg 300w, https:\/\/www.simplicity-homes.com\/blog\/wp-content\/uploads\/2020\/05\/ADU-Modern-.jpg 1080w\" sizes=\"auto, (max-width: 723px) 100vw, 723px\" \/><a href=\"https:\/\/www.simplicity-homes.com\/model\/acadia\/\" target=\"_blank\" rel=\"noopener noreferrer\">Acadia<\/a> Modern <a href=\"https:\/\/www.simplicity-homes.com\/home-plans\/wise-size-home-plans\/\" target=\"_blank\" rel=\"noopener noreferrer\">WiseSize<\/a> Home by Simplicity<\/h6>\n<p>If you\u2019re ready to take the next step, <a href=\"https:\/\/www.simplicity-homes.com\/contact\/\" target=\"_blank\" rel=\"noopener noreferrer\">contact us<\/a> today and our New Home Advisors will help you begin the building process for an ADU on-your-land. In no time, you\u2019ll have renters moving in and you\u2019ll be seeing a profit on your new investment.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>ADUs \u2013 What are they and why do you need one? Maybe you haven\u2019t heard the term ADU, but what about in-law suites, guesthouses, secondary suites or tiny&#8230;<\/p>\n","protected":false},"author":23,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[36],"tags":[55,56,65,89,66,71,72,91,79,82,83,80,81,74,75,93,92,73,59,77,85,78,84,90,49,68,60,95,67,76,87,88,86,70,69,63,94,57,64,58,62,61],"class_list":["post-18085","post","type-post","status-publish","format-standard","hentry","category-tiny-homes","tag-adu","tag-adus","tag-bend","tag-bend-oregon","tag-boise","tag-compact-home","tag-compact-homes","tag-converting-garage","tag-granny-flats","tag-guest-home","tag-guest-homes","tag-guesthouse","tag-guesthouses","tag-home","tag-home-investment","tag-homebuilders","tag-homebuilding","tag-homes","tag-idaho","tag-in-law-suite","tag-in-law-suites","tag-mother-in-law-suite","tag-mother-in-law-suites","tag-new-construction","tag-new-home","tag-new-homes","tag-oregon","tag-pacific-northwest","tag-portland","tag-property","tag-rental-investments","tag-rental-investments-bend","tag-rentals","tag-small-home","tag-small-homes","tag-tiny-home","tag-tiny-home-builders","tag-tiny-homes","tag-tiny-house","tag-tiny-houses","tag-tiny-living","tag-washington"],"acf":[],"yoast_head":"<!-- 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