A few years ago hardly anyone ever heard the term 'ADU'.
As an ardent and very active contractor, manufactured home dealer and avid proponent,of the BACKYARD HOME aka ADU Biz I found this post to be extremely accurate and
informative. I'm very pleased to see other folks starting to tout this housing option.
With 10,000 Baby Boomers hitting retirement age every day for the next 20 years they are finding themselves left with some great options;
- A retirement community, an excellent choice for many.
- Living out their lives in their existing home.
- Downsizing by adding a BACKYARD HOME to their property, moving into it and allowing their children to move into their primary residence.
- Renting their primary residence out for a very good revenue stream.
- Renting their ADU for an additional revenue stream.
- Providing housing for assisted living health care providers.
- Providing housing for home yard and home providers.
With California cities and counties scrambling to keep up with the affordable housing mandate ADU's are definitely one great solution.
With sky-high real estate prices in much of California and a shortage of housing, Accessory Dwelling Units, or ADUs as they are commonly called, provide a unique opportunity to address these issues and more. They can afford housing options for family members, friends, students, elderly, in-home health care providers, and others. They can provide rental income for homeowners. They integrate housing choices within established neighborhoods.
Recognizing the need for additional rental housing, two state statutes, SB 1069 and AB2299, went into effect January 1, 2017. These statutes address barriers to the development of ADUs and prohibit local government from adopting ordinances that precludes ADUs. Effective January 1, 2018 are SB 229 and AB 494 which clarify the previous statutes and promote the development of ADUs
Restrictive parking requirements used to stop many ADU plans in their track; no more. Utility connection fees were often based on new residential use; no more. ADUs must comply with local building code and safety requirements.
For more information, download information (here's one) from the California Department of Housing and Community Development and then the specific city involved.
Many cities have developed their own ordinances in compliance with the current rules, including:
--- Come for a visit; Stay for a lifetime!
Lottie Kendall, Realtor®
Pacific Union International
CA DRE#10215160; 650-465-4547
Lottie@LottieKendall.com
Peninsula Living Business Page
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John DL Arenden, Broker
TAG Real Estate Sales & Investments
TAG (The Arendsen Group) Real Estate Sales & Investments is a full service, one-stop, turnkey, family owned and operated real estate brokerage, General Contractor, Manufactured Home Contractor, Developer, Investor, Property Manager, Interior Design, Engineering, architectural, Landscape design, Expert Witness, Consulting, Curative Title and Troubleshooting company with over 100 years of combined experience in the San Diego real estate sales, construction, design & development arena.
