Are you having a hard time finding the right home in your budget? Or maybe you already own a home but could use some extra income or a designated space for aging loved ones. Either way, accessory dwelling units (ADUs) could be the smart solution you’ve been looking for in today’s market.

What Is an ADU?

According to Fannie Mae, an ADU is a small, separate living space that’s on the same lot as a single-family home. It must include its own areas for living, sleeping, cooking, and bathrooms independent of the main house. And they can take shape in a few different ways. Fannie Mae adds, an ADU can be:


Within a main home, such as a basement apartment



Attached to a main home, such as a living area over a garage



Detached from the home entirely; it could even be a manufactured home


The Benefits of ADUs

ADUs are growing in popularity as more people discover why they’re so practical. In fact, a recent surk ...