6 Months Later ADUS Still Booming in the Housing Market

Apr 18, 2022

 

We were featured on CBSLA six months ago, to discuss how the pandemic shifted the housing marketing and the remodeling industry. To our surprise, there has been a significant increase in ADU project inquiries, and the new homes hitting the marketing with ADUs are being purchased way over the asking price. Once again to our surprise, this number has steadily continued to increase! 

We were featured on CBSLA six months ago, to discuss how the pandemic shifted the housing marketing and the remodeling industry. To our surprise, there has been a significant increase in ADU project inquiries, and the new homes hitting the marketing with ADUs are being purchased way over the asking price. Once again to our surprise, this number has steadily continued to increase! 

We built an ADU for one of our loyal clients in Atwater Village about five years ago. Today, his ADU is helping him pay off almost 60% of his mortgage. Since his property is located in a popular Airbnb location, his ADU books for staggering prices in turn paying off a large percentage of this mortgage. 

Aside from the potential side income, you could possibly make investing in an ADU, the future of ADU laws make it a brighter future to invest in now. The California Senate Bill 9 called for homeowners to now have the ability to build more ADUs on their property. Unfortunately, homes within historical zones and other zone are not able to benefit from this law, but for the majority, the possibility to build more secondary units on a property is easier. 

With a bright future for ADU in Los Angeles and the proven ROI investment of homeowners, now is the perfect time to build an ADU for the sole purpose to make the best possible investment for your home. Whether you are looking to rent the ADU or not, you’d be making an advantageous investment.