Accessory Dwelling Unit (ADU)
What is an accessory dwelling unit?
An accessory dwelling unit—or ADU—is a separate self-contained living space built in addition to the main dwelling unit on a property. A garage apartment conversion or a basement apartment remodel is a typical example.
ADU’s have been around for a long time under different names. In the ‘40s, ‘50s, and ‘60s, they were often called “granny-flats” or “in-law suites.” It was not unusual for a homeowner to build a basement or garage conversion into an apartment for supplemental rental income or provide housing for extended family.
Now is the time!
If you’ve ever thought about adding an accessory dwelling unit to your Portland home, now is the time.
The Portland City Council has temporarily lifted the system development charges (SDCs) for water, sewage, transportation, and park service that homeowners have had to pay in the past to build an accessory dwelling unit on their property.
That translates to nearly $15,000 in savings for some locations in the city of Portland!
The council has also raised the maximum square footage allowed for accessory dwelling units to 800 square feet or 75% of the main dwelling unit, whichever is smaller. These changes make this an excellent time to construct an accessory dwelling unit on your Portland home.
Benefits of Accessory Dwelling Units
ADU’s are an excellent choice for many homeowners because they provide so many benefits. Here are just a few of the benefits an accessory dwelling unit on your property:
- Additional income for the homeowner
- Housing for extended family or friends
- An attractive way to increase a community’s supply of affordable housing
If you’d like to learn more about turning your extra space into additional income and housing, contact Olson & Jones.