Whether you plan to purchase a home and build an ADU or add one to an existing home, ADUs solve lots of problems for multi-generational families. Your families get added purchasing power when their parents' income is added to the loan. Now you can buy a bigger property together. Grandparents can help care for grandchildren within the same safe property. You have a built-in babysitter but with privacy. Older parents can be cared for by younger members of the family. In fact, families can receive benefits for caring for elderly parents such as In-Home Support Services (IHSS). Often these benefits cover the cost of the ADU payment. Adult kids can have the independence of renting but at a more affordable cost, while parents can keep them close.
Talk to us about your ideas and we can provide some strategies for achieving the best of all worlds.
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