Unlocking the Potential of Your Tacoma Backyard: ADUs for Investment and Family Expansion
Hey, Tacoma! If you haven’t already heard, Tacoma has embraced the Accessory Dwelling Unit aka the mother in law suite, granny flat, guest house, in-law apartment, cottage, or backyard bungalow. If you're a homeowner with a backyard and the desire to make the most of it, you're in the right place.
What exactly is an ADU? Well, it's essentially a second, smaller dwelling that can be added to your property. ADUs come in all shapes and sizes, from cozy backyard cottages to sleek, modern structures, and they serve two fantastic purposes: investment and family expansion.
Investment Potential
Tacoma's real estate market has been on the rise, and according to local real estate experts still has a lot of room for growth. One of the smartest investments you can make is building an ADU in your backyard. Here's why:
Rental Income:
With the ever-growing demand for rental properties, having an ADU means a steady stream of rental income. It's a great way to pay off your mortgage faster or boost your monthly cash flow.
Increased Property Value:
ADUs can significantly increase the value of your property. This is especially appealing if you plan to sell your home down the road. Potential buyers often view ADUs as a bonus, making your property more attractive in the market. Whether they want to use it as a rental or not, it is more “house” which will raise the value.
Short-Term Rentals:
In Tacoma's tourist-friendly environment, short-term rentals can be a lucrative venture. ADUs are perfect for hosting guests, making extra income during peak travel seasons.
Housing for Traveling Nurses:
A niche with shorter rental lengths, but typically higher rents. Thisis a great option that can bring in higher than market rents without the risk of short term rentals. With Tacoma’s area hospitals, a traveling nurse ADU is a valuable asset.
Expanded Family Housing
Maybe you're not looking for an investment, but rather a solution to accommodate your expanding family. ADUs offer a wonderful solution:
Multigenerational Living:
As our families grow and change, ADUs provide a private, yet connected space for aging parents, adult children, or other family members. It's a wonderful way to maintain closeness while respecting personal space.
Home Office or Studio:
If you work from home or need a creative space, an ADU can be customized into the perfect home office or studio, keeping your work and home life separate.
Guest Accommodations:
Hosting guests has never been easier with a separate ADU. Your friends and family will appreciate the privacy and comfort while visiting.
Now that you're excited about the possibilities, it's time to find the right architect to make your ADU dreams a reality. As a residential architect in the Tacoma area, we specialize in creating custom ADUs that blend seamlessly with your existing home and cater to your unique needs.
Our expertise in zoning regulations and Tacoma building codes ensures a smooth process from design to construction. We were involved with Tacoma’s pilot program for ADU’s and two family dwellings and had first hand experience making the most out of the codes. Our experience creating award winning designs out of small city spaces means you get the best possible solution for your unique set of problems and needs. We're here to turn your vision into a stunning reality while maximizing the return on your investment or providing a perfect living space for your family.
So, if you're ready to unlock the potential of your Tacoma backyard and embark on an ADU project, schedule your introductory call. The ADU process in a nutshell: intro call > needs analysis (an intensive diagnosis of site and your needs) > design > permitting > construction > ADU.
Now that you're excited about the possibilities, it's time to take action. The demand for ADUs in Tacoma is rising, and opportunities like these don't wait around forever. Don't miss out on the chance to unlock the full potential of your Tacoma backyard. The perfect ADU is within reach, and we're here to make it happen. Contact us today, and let's turn your ADU dreams into reality.