One of the best resources for homeowners seeking additional revenue is the accessory dwelling unit (ADU) garage conversion. Here are some of the reasons you should consider undergoing a garage conversion if you have a garage space that isn’t being actively used. EcoSmart Builders offers sustainable construction services and support to property owners adding ADUs to their single-family or multifamily lots.
The garage conversion is among the most straightforward solutions for adding space to a single-family or multifamily residential property. The strategy provides additional space for storage, housing, or even a place for recreation. However you choose to use your converted garage space, it will raise the value of your property.
If you’re like a lot of homeowners, you use a significant portion of your garage to store various items that you use only semi-regularly while keeping your car in the driveway. If your garage has become so overwhelmed by bulky items you haven’t gotten around to disposing of, you might have a highly valuable resource right under your nose. Here are a few advantages of undertaking an ADU garage conversion.
Unlike an attached or detached ADU, garage conversions do not require the full construction of a structure. If the integrity of the garage is sound, it can be easily and quickly converted. A garage conversion is generally the least expensive type of ADU. Best of all, a full garage conversion can be completed in approximately one month.
ADU garage conversions provide the highest ROI potential of any ADU. Because the initial expenditure is significantly lower than attached or detached ADUs, homeowners can expect to reap significantly higher returns because the increase in value is roughly equivalent to detached and attached ADUs.
If you have privacy concerns, a garage conversion is your best option, particularly if your garage is detached from the primary residence. However, even if your garage is attached, garage units are generally of solid construction so that the sounds of automobiles are muted. If you plan on using your garage as an additional living space for rent, you won’t have to worry about interruptions to your lifestyle or the lifestyle of your renter.
EcoSmart Builders specializes in providing planning and construction services to single-family and multifamily property owners who want to add an ADU to their lots. For more information about our services, please visit our ADU information page.