With the arrival of the new year, new housing laws are taking hold in California. Red tape has been cleared for homeowners to build not just one, but two accessory dwelling units, or ADUs, under ministerial approval from local governments. ADUs, also called “granny flats,” offer cities an opportunity to develop new housing units that are not disruptive to the look and feel of single-family neighborhoods. Continue reading
An Accessory Dwelling Unit (ADU) is typically a one or two-room living unit designed as a separate dwelling from the single-family home located on the same lot. ADUs can sometimes be referred to as guest house, carriage house, or granny flat. These spaces are completely habitable with features such as a kitchen and bathroom. ADUs can be a money maker for homeowners looking for short-term cash flow and long-term investment. Continue reading
Santa Cruz County has recently implemented new, more relaxed development standards intended to make building an Accessory Dwelling Unit (ADU) easier and more affordable. Towards this end it’s published three guidebook resources, Santa Cruz County ADU Basics, ADU Financing Guide, and ADU Design Guide. This article outlines the County’s ADU Design Guide. Continue reading
The County of Santa Cruz has released an interactive toolkit making it easier for homeowners to design, permit and construct Accessory Dwelling Units (ADUs), which can be a more affordable housing option for Santa Cruz County families. Continue reading
Like many small cities across the country, Santa Cruz is struggling to maintain its small-town character despite enormous growth pressures.With few new development sites left, the city has turned to its primary asset for help – its single-family neighborhoods, where it is allowing property owners to develop accessory dwelling units, commonly known as a “granny flat.
If you are waiting to create an accessory dwelling until Santa Cruz County has adopted new rules to make the process easier and less expensive, you’ll have to be patient a little longer. The Santa Cruz County Board of Supervisors voted 5-0 Tuesday to adopt new rules for ADUs to comply with new state laws, SB 1069 and SB 229, aiming to make ADUs easier and less costly. Continue reading
No matter where you live – Santa Cruz, Monterey, the Peninsula, or for that matter anywhere in California- if you are considering building an ADU your first concern will be feasibility: will this project pencil out? In this article we discuss considerations when deciding whether to invest in constructing a rental unit on one’s property.
Is an ADU a Good Investment?
Even with ADUs gaining popularity, the value an ADU adds to a given piece of property is hard to calculate. This can make determining whether an ADU is a “good investment” difficult. You may not know whether it is a good investment until you sell the property (which may be many years down the road.) Determining whether an ADU is a good investment is also going to depend heavily on the investor’s (your) financial situation and goals. Continue reading