It’s no secret that real estate prices are on the rise right now.

Housing prices have skyrocketed over the last few years, and they’re not showing any signs of slowing down. In fact, they’re rising at twice the rate of inflation and salaries in the U.S.

With housing becoming so expensive, many people are turning to alternative, more affordable options. This includes things like ADU (or Accessory Dwelling Unit) housing.

Read on to learn everything you need to know about ADU housing and the benefits it has to offer.

What is ADU Housing?

Accessory Dwelling Unit housing involves taking up residence in dwellings that coexist on a lot alongside another house.

They might be attached to the house itself, in the case of a basement or attic mother-in-law apartment. They could also be detached from the main house altogether, in the case of a guest house.

A lot of alternative dwelling units already exist as part of people’s homes. Many people are also building tiny houses and ADUs on their property as a way to earn additional income and accommodate those looking for places to live.

Benefits of ADU Housing

There are a lot of benefits that come with moving into one of Acton ADU’s tiny houses or another accessory dwelling unit.

Some of the greatest benefits these types of houses offer home buyers and homeowners include:

More Income

For those who already own a home, renting out an ADU provides them the opportunity to earn additional income. It’s great for those who are struggling to make ends meet or just want more money in the bank.

Lower Housing Prices

ADUs are mutually beneficial, as they allow those who can’t afford a traditional home to find a place to live for a lower price. Many people rent out ADUs for much less than average rental prices.

Increase Land Occupancy

One reason why affordable housing is hard to come by is the fact that land for building houses and apartments is becoming more scarce.

By increasing land occupancy on plots of land where houses already exist, people can find places to live without having to build a house on a new plot altogether.

Opportunities for Communal Living

ADUs also provide communal living opportunities while still allowing residents to have some privacy. They can help to foster a sense of community and keep people from feeling isolated.

Is This Type of Housing Right for You?

Now that you know more about ADU housing, do you think it’s a good fit for you?

Not everyone is cut out for the tiny house life, but it can be a good option for a lot of people, especially those who don’t mind living a more minimalist lifestyle.

Do you want to learn more about other alternative housing options? Do you need help finding the right living arrangement for your needs?

If so, check out the section of our website dedicated to home buyers. You’ll find all kinds of useful information here to help you make the best housing decision.