We have got this question from many of our clients who live in West LA, California. Honestly, Accessory Dwelling Units (ADUs) boost the value of your home more than any other home improvement project. And if you are asking yourself, “Can I get a great amount from ADU remodeling in West Los Angeles CA?” we are here with the answer for you!
How Much Does ADU Remodeling Add Value to Your Home?
This answer is a little bit complicated! The value of your home depends on the overall size of the ADU you are about to get. Also, not every ADU can add equal value to your home.
We have listed three different ADU types here according to the property value you can get. Such as:
You may also know this as Granny Flat, which remains separate from the main home and offers the best value once the construction is over. Of course, the reason is not hard to see! A detached ADU allows you extra square footage with a liveable option that includes the overall property value to determine how much it’s worth.
For instance, while adding a granny flat of 1,000 sq ft for having a new livable space on your premises, the average cost may be around $500 per square foot in West LA. So, a detached ADU boosts your property value by $5,00,000.
Suppose you add an ADU in your backyard attached to your existing home. This attached ADU is the second valuable type of remodeling. As this building is adjacent to your main home, you can expect less privacy than a detached ADU. On the other hand, the current size of your home expands by 50% only by adding an attached ADU to the existing home. Hence, the overall property value is less than the detached one for a less square footage increase.
It’s best when you don’t have extra space on your property to add a detached or attached ADU. You can convert the current unused garage space into a livable space. Of course, it increases the property value of your home, but that may be less than a detached and attached ADU for losing the use of a garage for its actual purpose. Yet, it affects the property value a little!
Was it helpful? Let us know! If you need a complete ADU and home remodeling, we will guide you throughout the project and get it done successfully. Stay connected!