Remove study-adus-can-add-35-to-homes-value
article thumbnail

Opinion: ADU buyers are adjusting to new landscape

Housing Wire

Accessory dwelling units, or ADUs, saw a surge in popularity during the pandemic, when rock-bottom interest rates stoked the skyrocketing interest in adding elbow room for everything from home offices to fully appointed living spaces. So, what’s happening with ADUs now? But the pandemic is now over and interest rates are way up.

Buyers 378
article thumbnail

Study: ADUs Can Add 35% to Home’s Value

Empire Appraisal Group

Study: ADUs Can Add 35% to Home’s Value. ADUs are growing at a rate of 9% or 100,000 per year, according to a new analysis by Porch.com, a home improvement site. ADUs have been touted as one answer to the housing affordability and inventory crisis. There are about 1.4 as of 2019.

article thumbnail

HOUSING ‘TRIFECT’ PUTTING SQUEEZE ON BUYERS

Will Springer Realtor

While that may seem like a silly question to ask – especially from a residential real estate pro whose business relies on the purchase and sale of homes – it’s something I have been studying, with some eye-opening findings. homes shy of what’s needed today. income can qualify for financing on a median-priced home.

Buyers 36