Reasons to Have an ADU Construction in your Backyard
An ADU Construction in your backyard can offer a separate living space for a family member, a home office, or a rental unit, among many other uses. Many people in Los Angeles have a hard time keeping up with the high cost of living, and converting a garage or building an ADU, and then renting it is one way to make added income while providing an affordable home to someone at the same time.
If you have more savings and are looking to make an investment in your property and increase your income, Backyard Conversion Contractor can help to achieve both goals. If you don’t have enough savings in the bank, the project may be financed with a loan, and then rent can more than cover the new monthly payments in most cases while adding more value to your property.
If you own a 500SF garage and would like to convert it into an ADU, our ADU experts will go through the design and estimating process and agree to do a garage conversion for, let’s say, $150,000. If you have some savings but don’t want to spend it all, you can pay $75,000 out of pocket, and we can help you get a loan for the rest! If you decide to rent the ADU, that revenue alone can cover the loan monthly payments.
If you have a tight budget, a garage conversion is usually the most affordable ADU construction in Los Angeles, and often has the best return on investment, if used as a rental. For new stand-alone ADU’s, costs can be kept to a minimum with a simple design and using affordable but durable finishes. During the planning process, we can advise on how to keep costs down and quality up.
ADU Construction Los Angeles Available For You 24/7
The use of an Accessory Dwelling Unit varies from person to person and family to family. Older people would want to complement their pension with a rental income, a youngster might choose to stay in an ADU that’s close to the workplace, and an enterprising homeowner would rent it out to rake in some extra money.
The demand for this compact form of accommodation is definitely on the rise and owning an ADU is definitely a pride now, but getting it right is equally important. Got questions on ADU Construction in Los Angeles? Our team of professionals can help you with the right advice and services. Call us at (310) 974-3174 or schedule a free consultation.