John DL Arendsen, Crest Backyard Homes "ADU" dealer & RE Developer (CREST "BACKYARD' HOMES, ON THE LEVEL General & Manufactured Home Contractor, TAG Real Estate Sales & Investments)

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Rainmaker
7,037,218
Roy Kelley
Retired - Gaithersburg, MD

This depends on your local market. In our area, zoning does not usually allow additional units.

Feb 23, 2017 06:24 AM
Rainmaker
1,672,115
Sandy Padula and Norm Padula, JD, GRI
HomeSmart Realty West - Carlsbad, CA
Presence, Persistence & Perseverance

I know Sandy is seeing this situation in many cases and in fact, she has several buyers specifically looking for homes with the capability for an ADU

Feb 23, 2017 07:01 AM
Rainmaker
2,153,027
Anthony Acosta - ALLATLANTACONDOS.COM
Harry Norman, REALTORS® - Atlanta, GA
Associate Broker

Great question, see what answers you get..

Feb 23, 2017 06:39 AM
Rainmaker
5,580,884
Barbara Todaro
RE/MAX Executive Realty - Happily Retired - Franklin, MA
Previously Affiliated with The Todaro Team

adding a prefab sounds like a great idea....

Feb 23, 2017 06:31 AM
Ambassador
4,316,215
Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

John DL Arendsen - I see few good answers from Lynnea Miller as well as John Pusa.

Feb 22, 2017 11:02 PM
Ambassador
4,552,828
Debe Maxwell, CRS
www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310 - Charlotte, NC
The right Charlotte REALTOR!

Oh, absolutely!  Here, they are in high demand - lots of adults moving their parents in with them and prefer separate living quarters for them.

Feb 22, 2017 08:50 PM
Rainmaker
3,708,798
John Pusa
Berkshire Hathaway Home Services Crest - Glendale, CA
Your All Time Realtor With Exceptional Service

John DL Arendsen The ADU is a hot topic in my local area.

Feb 22, 2017 03:27 PM
Rainmaker
608,980
Lynnea Miller
Bend Premier Real Estate - Bend, OR
Premier Real Estate Service in Central Oregon

ADUs are the new thing - and are very desirable in our market.  My builder husband is considering making these part of his next spec home due to the demand.

Feb 22, 2017 12:48 PM
Rainmaker
808,903
Kasey & John Boles
Jon Gosche Real Estate, LLC - BoiseMeridianRealEstate.com - Boise, ID
Boise & Meridian, ID Ada/Canyon/Gem/Boise Counties

I am not in California but it would enhance value in my area. There aren't very many of them and we get buyers wanting them frequently. Zoning is tricky for them though. Our prices are not nearly that high and $250k for a $50k return sounds risky. Glad it worked out for him.

Feb 22, 2017 09:33 AM
Rainmaker
4,386,374
Dorie Dillard Austin TX
Coldwell Banker Realty ~ 512.750.6899 - Austin, TX
NW Austin ~ Canyon Creek and Spicewood/Balcones

I think they definitely do. Many parents are moving to their children's residence and an ADU is perfect for them.

Feb 24, 2017 06:25 PM
Ambassador
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Fred Griffin Florida Real Estate
Fred Griffin Real Estate - Tallahassee, FL
Licensed Florida Real Estate Broker

   Interesting answers.

Feb 23, 2017 06:03 PM
Ambassador
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Debbie Reynolds, C21 Platinum Properties
Platinum Properties- (931)771-9070 - Clarksville, TN
The Dedicated Clarksville TN Realtor-(931)320-6730

That wouldn't work in my market but in California, they make their own rules.

Feb 23, 2017 05:25 PM
Rainmaker
945,523
Jennifer Mackay
Counts Real Estate Group, Inc. - Panama City, FL
Your Bay County Florida Realtor 850.774.6582

We have to jump through hoops to do any add ons since zoning is so well archaic is the nice word I would use

Feb 23, 2017 09:38 AM
Rainmaker
1,430,231
Ryan Huggins - Thousand Oaks, CA
https://HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

The house across the street from me built one.  Was permitted as a "Toy shed" but I see indications of people living in it.

 

Out here there aren't many newer homes that have the land for an ADU.  I sold a house with a real nice ADU shed/workshop/office/kids play room/man cave or as the wifes called it "the dog house for when the husband gets in trouble" in the backyard.  It didn't add any value to the house and took time to explain what it was and what could be done with it.  It had wood floors, walls, A/C, lights, power, a window really could have been used as a room.  Of course, this house had a 180 degree arc view of the city and nothing else really would impact the value much.

Feb 23, 2017 09:13 AM
Rainmaker
4,799,732
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Maybe.

Feb 23, 2017 06:30 AM
Ambassador
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Harry F. D'Elia III
RentVest - Phoenix, AZ
Investor , Mentor, GRI, Radio, CIPS, REOs, ABR

get er done

Feb 23, 2017 05:01 AM
Rainmaker
3,070,984
Tony and Suzanne Marriott, Associate Brokers
Serving the Greater Phoenix and Scottsdale Metropolitan Area - Scottsdale, AZ
Haven Express @ Keller Williams Arizona Realty

We call them "casitas"!! 

Feb 23, 2017 04:22 AM
Rainmaker
4,490,811
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

I have no idea... of course, I'm not in California... in our market this would be very hard to do.

Feb 23, 2017 02:57 AM
Ambassador
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Paul S. Henderson, REALTOR®, CRS
Fathom Realty Washington LLC - Tacoma, WA
South Puget Sound Washington Agent/Broker!

That's a tough one!

Feb 22, 2017 09:25 PM
Rainmaker
3,986,000
William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

I don't live there but I would think it would

Feb 22, 2017 02:07 PM
Rainmaker
4,433,809
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

I do not know.

Feb 22, 2017 01:18 PM
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Bob Crane
Woodland Management Service / Woodland Real Estate, KW Diversified - Stevens Point, WI
Forestland Experts! 715-204-9671

I hope the added 50k made up for the extra year of carrying costs.

Feb 22, 2017 11:08 AM
Rainmaker
5,767,466
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

John,

You have answered your question with your example above.  And Yes, is the answer.  A

Feb 22, 2017 10:42 AM
Rainmaker
1,157,535
FN LN
Toronto, ON

I am not familiar with the California market.

In my area, for last number of years, you can do nothing to your property and the value continues to go up and up.  We have a very hot market.

Feb 22, 2017 09:59 AM
Rainmaker
2,054,599
Michael J. Perry
KW Elite - Lancaster, PA
Lancaster, PA Relo Specialist

Depends on buyer ?

Feb 22, 2017 09:07 AM
Rainmaker
1,183,850
Sam Shueh
(408) 425-1601 - San Jose, CA
mba, cdpe, reopro, pe

In Palo Alto, CA a r3 zoning 6000 sf, a modest cabin seller is asking $3,280,000.00 for its potential value-$550/sf for its residential value. Holy smoke!

Feb 22, 2017 08:54 AM
Rainmaker
3,384,706
Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of the Manchester NH's area Leading Agents

That is a bit crazy to pay 250k for a 300k return, although good money, the average home owner wont be able to do. We have a great request for them, but few homes have them legally, most were just built then the hard work comes in

Feb 22, 2017 09:18 AM
Rainmaker
4,351,300
Richard Weeks
Dallas, TX
REALTOR®, Broker

I wish we knew.

Feb 22, 2017 08:55 AM