An ADU is an accessory dwelling unit that goes by other names such as a granny flat, in-law units, backyard cottages, secondary units, etc. The ADU is an independent living area within a property aside from the main home that can be shared with family members or rented out to an independent tenant.
One way to implement an ADU on your property is to convert your basement. The basement may be currently collecting dust as a storage area, but there is much potential for space if you want to renovate it. Owens Construction, an expert in kitchen renovation and other home remodeling services, highlights the factors and benefits concerning the basement when it comes to it being used as an ADU. There should be some fundamental factors about the space that make it livable. Here is what you should consider:
Adding a new separate living structure to your lot can bring a much different buyer to the table. They may be willing to offer a much higher price knowing that they will be able to offset their mortgage payment with income generated by the ADU.
Depending on the site plan, if the ADU and main residence are organized around a communal outdoor living space, it can be a great way to spend evenings outdoors and allow each party to retreat to their own quarters at night.
Homeowners can maximize their investment by renting out the extra space to long-term tenants or short-term vacationers. Having an ADU on your property allows you to generate supplemental income from your property to pay for other needs or wants.
Owens Construction is a local design/build firm, and our remodeling contractors have been serving the Central Ohio area since 1982. We design and construct a beautiful home addition that satisfies all your requirements. This has provided us with the experience needed to survey your current layout, look for opportunities for expansion and construct a space that you’ll love.
Call us at (614) 635-7487, or you can fill out our online form to learn more.
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