Chic vs. Geek: Thinking of adding an ADU?

Accessory dwelling units, aka ADUs, come in a variety of shapes and sizes, but adding one to your property may not be the right fit. It’s important to know the ins and outs and plan ahead. We’re here to help!

CHIC (PEARL)

ADUs can provide housing for aging family members, an affordable option for teachers and others in the “missing middle,” and a reliable source of additional income for you and your household. As we experience a boon in the ADU market thanks to loosened regulations, there’s a variety of vendors out there. It can be hard to know where to start. I recommend you figure out what kind of ADU you need first. Function should come before form in this case, given the investment of time and resources you’re about to make.

GEEK (KEVIN)

The key to adding an ADU on your property is making sure the project pencils out. That means keeping costs down without sacrificing a quality product that will stand the test of time. You can find a lot of savings on the front end of the process when choosing an architect, designer, and/or builder. Doing a little research to find vendors with strong track records will pay dividends later when you get the project done right the first time. The best contractors also know their way around local government permits!

Chic vs. Geek: Taking Advantage of SB9

More and more, we have many clients with an interest in splitting their lot to take advantage of new state law to build a second home they can rent out. How can you use SB9 to your benefit?

CHIC (PEARL)

Senate Bill 9 was signed by the governor last year to streamline the creation of new housing units in traditionally single family neighborhoods to combat our housing crisis. But while some cities and communities have resisted the change, others like San José have embraced the new law and updated their local rules to reflect it. That means an opportunity for a savvy homeowner with a little money to invest. Here’s some info from the California Association of Realtors (CAR) to get you started.

GEEK (KEVIN)

At the end of the day, all SB9 does is allow for change to happen. That doesn’t mean your neighborhood is about to flip from single family homes to fourplexes. The conversion still has to pencil out, and that’s no guarantee with the cost of construction and labor these days — not to mention high interest rates if you don’t have all the cash up front..There’s also the question of lot size and eligibility. Need more insights? Have a look at this CAR slide deck and quick guide to lot splitting, or just send us an email.