THAT, OF COURSE, IF YOU HAVE BEEN TO A SUMMER CAMP, WOULD BE TOUGH TO IMPORTS. INDOOR ACTIVITIES ARE DISCOURAGED. THE IMPACTS OF THE PANDEMIC MAY BE PLAYING A ROLE IN A GROWING TREND IN THE RED-HOT REAL ESTATE MARKET. THE BUZZWORDS RIGHT NOW FOR BUYERS AND SELLERS ARE ACCESORY DWELLING UNITS. TONI: WHAT IS THAT, YOU ASK? MIKE TESELLE IS LIVE IN EAST SACRAMENTO TO EXPLAIN WHAT AN ADU IS AND WHY IT’S PROVING SO ATTRACTIVE. GOOD MORNING, MIKE. MIKE: GOOD MORNING. IT IS INTERESTING BECAUSE SALES OF MCMANSIONS ARE UP 126% IN THE SACRAMENTO AREA, HOWEVER IT IS WHAT IS ON THAT SIGN RIGHT THERE ON THE TOP OF IT, ADERTISING A GUEST HOUSE IS PROVING SO LUCRATIVE RIGHT NOW. LET ME EXPLAIN GUEST HOMES OR , DETACHED OFFICES OR COTTAGES FOR IN-LAWS OR FAMILY ARE KNOWN AS ACCESSORY DWELLING UNITS OR ADUS. DURING THE PANDEMIC, AND REMOTE WORK, THEY ARE PROVING SO POPULAR THAT THIS WEEKEND PLACER COUNTY TWEETED AN OFFER OF FREE PLANS FOR HOMEOWNERS WHO ARE INTERESTED IN BUILDING THEIR OWN ADU. AND SPEAKING OF THE HOUSING CRUNCH, HOUSABLE.COM HIGHLIGHTED THAT IF JUST 1% OF ELIGBILE HOME OWNERS IN SACRAMENTO BUILT AN ADU. IT WOULD ADD CREATE AN ADDITONAL 3,803 LIVING UNITS IN NEXT 5 THE OWNER OF DYNAMIC REALTY ALSO TOLD ME HOMES WITH EXISTING GUEST HOME OR DETACHED OFFICES ARE GETTING DOUBLE THE AMOUNT OF HOMES VERSUS THOSE WITHOUT. >> SINCE THE PANDEMIC, IT HAS JUST BEEN A TREMENDOUS INCREASE IN THE DEMAND BECAUSE SO MANY PEOPLE WORK FROM HOME, AND SUMMONING PEOPLE ARE CREATIVE — THEY ARE ARTISTS — THEY WANT TO HAVE THEIR OWN STUDIO, OR THEIR KIDS MOVE BACK FROM COLLEGE. TONI: THE TREND OF HAVING — MIKE: THE TREND IS NOT JUST LIMITED TO THE HIGH AND/OR RICH BUYERS PAID EVEN AVERAGE HOMEBUYERS ARE INTERESTED AND FOCUSED ON FINDING HOMES LIKE THIS ONE THAT HAVE THE GUEST HOME IN THE BACKYARD BECAUSE OF THINGS LIKE REMOTE WORK DURING THIS PANDEMIC. BOTTOM LINE, SHE SAYS, IN THE PAST 20 YEARS SHE HAS NEVER SEEN THIS LEVEL OF INTEREST IN THINGS CALLED ACCESSORY DWELL
Hot NorCal real estate trends? 3 words: Accessory dwelling units
Updated: 7:38 AM PDT Apr 26, 2021
For more than 20 years, Dynamic Realty’s Carmen Micsa has been helping buyers and sellers in Sacramento’s real estate market. She’s never seen anything like the buzz being created by three words: Accessory dwelling units, or ADUs.ADUs are smaller structures, like guest homes or detached garages, built on the same property as a a main house.”It absolutely has to do with the pandemic,” said Micsa. “There’s been a tremendous increase in demand because so many people work from home, or family members moving in.”The focus on ADUs is proving so trendy that Placer County used its government Twitter page to advertise free plans and resources for homeowners interested in building an accessory home.The City of Sacramento is also using ADUs to help address the issues of affordability and supply of homes, said Micsa.If 1% of eligible homeowners in Sacramento built a new ADU, it would create 3,803 units over the next five years, according to Housable.com.”Homes with an existing ADU are tending to get double the amount of offers than a house without that in the backyard,” said Micsa. “What I see that is crazy is when homebuyers see a shed in backyard turned into an office. They are like, ‘Gosh, this has an office, right? I really like this house.'” Next week, a special tour event is scheduled for real estate professionals and local government regulators to further discuss ideas and guidelines for the growing popularity of ADUs, said Micsa.
For more than 20 years, Dynamic Realty’s Carmen Micsa has been helping buyers and sellers in Sacramento’s real estate market. She’s never seen anything like the buzz being created by three words: Accessory dwelling units, or ADUs.
ADUs are smaller structures, like guest homes or detached garages, built on the same property as a a main house.
“It absolutely has to do with the pandemic,” said Micsa. “There’s been a tremendous increase in demand because so many people work from home, or family members moving in.”
The focus on ADUs is proving so trendy that Placer County used its government Twitter page to advertise free plans and resources for homeowners interested in building an accessory home.
The City of Sacramento is also using ADUs to help address the issues of affordability and supply of homes, said Micsa.
If 1% of eligible homeowners in Sacramento built a new ADU, it would create 3,803 units over the next five years, according to Housable.com.
“Homes with an existing ADU are tending to get double the amount of offers than a house without that in the backyard,” said Micsa. “What I see that is crazy is when homebuyers see a shed in backyard turned into an office. They are like, ‘Gosh, this has an office, right? I really like this house.'”
Next week, a special tour event is scheduled for real estate professionals and local government regulators to further discuss ideas and guidelines for the growing popularity of ADUs, said Micsa.
Originally Appeared On: https://www.kcra.com/article/accessory-dwelling-units-real-estate-trends/36230550