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Bringing Back ADUs <br /> The reasons for creating or living in an ADU are as varied as the potential uses <br /> ADUs are flexible. Over time,a single ADU might be used <br /> in many ways as an owner's needs and life circumstances Planning and Paying for ADUs <br /> change. Following are just a few reasons why ADUs are Most new homes are built by developers, <br /> created and by whom: entire subdivisions at a time.Apartments <br /> EMPTY NESTERS can build an ADU and move into it, are also built by pros. <br /> then rent out the main house for supplemental income or But ADUs are different. <br /> make it available to their adult children. <br /> Although ADUs are occasionally designed <br /> FAMILIES WITH YOUNG CHILDREN can use an ADU into new residential developments,the vast <br /> as housing for a nanny or au pair or even a grandparent majority are created by individual <br /> or two,who can then help raise their grandkids and be homeowners after they move in. In other <br /> assisted themselves as they age. words,ADUs are usually created by <br /> enthusiastic and motivated amateurs. <br /> INDIVIDUALS IN NEED OF CARE can reside in an ADU <br /> to be near family members,or they can use the ADU to An ADU may present the ultimate chance for <br /> house a live-in aide. (In fact,ADUs can be an affordable a do-it-yourselfer to build his or her small <br /> and more comforting alternative to an assisted-living dream home. More often, homeowners <br /> facility or nursing home.) bring in a combination of architects, <br /> designers and construction contractors to <br /> HOME BUYERS can look forward to the rental income do the work,much as they would for a home <br /> from an ADU to help pay their mortgage or finance home addition or major kitchen remodeling.The <br /> improvements,especially in expensive housing markets. local municipality's planning department <br /> can provide guidance on the rules for ADUs <br /> HOME-BASED WORKERS can use an ADU as their <br /> and information about what permits,utility <br /> office or workshop. connections and fees are involved. <br /> HOMEOWNERS can use an ADU for guests or as ADUs aren't cheap,and they are often the <br /> housing for friends or loved ones who: most significant home improvement project <br /> • aren't yet financially independent, such as new high a homeowner will undertake. <br /> school or college graduates Although internal ADUs can sometimes be <br /> • need temporary housing due to an emergency or while built for about$50,000, new detached ADUs <br /> renovating their own home often exceed $150,000. Most ADUs are <br /> • have disabilities but can live independently if family financed through some combination of <br /> reside nearby . savings,second mortgages,home equity <br /> lines of credit and/or funds from family <br /> members (sometimes a relative who ends <br /> - - ' r f 'i- -4.6' up living in it). <br /> h` In some areas,the cost of building an ADU <br /> L ' w��l can be recouped after a few years of renting <br /> I itis <br /> -<- it. If that's the plan,it's worth estimating the <br /> ! ti'ti <br /> Y _ <br /> , A r • a +in � 'I expenses versus t potentiaal i icome o'll 0 before undertakingan ADU project. <br /> ''IIS <br /> � II <br /> �„;,, A few cities,nonprofits and start-ups are rn <br /> '� <br /> i lgl' I,1,lisl ;.iip;;s,,o, .. •,,. experimenting with creative financing <br /> ""'' -� options that could put ADUs within reach <br /> The zoning code in Evanston,Illinois,permits accessory for more homeowners and their families,as <br /> dwelling units,creating an opportunity for the owners of this well as prospective renters. ° <br /> 1911 home with an outbuilding in the backyard. F, <br /> 10 AARP The ABCs of ADUs <br />