There are endless benefits Virginia and Maryland homeowners can enjoy from building an accessory dwelling unit (ADU) on their property. Whether you need extra space for relaxation, work, or a gym, an ADU is an excellent way to increase the square footage of your home. However, one of the most popular and practical ways to use an ADU is for multi-generational housing.
What is Multi-Generational Housing?
Multi-generational housing is when at least two adult generations live together—for example, parents living with adult children. Many Americans have embraced the multi-generational housing lifestyle for many reasons, whether that be convenience, budget, or simply to spend more time together.
The Benefits of Accessory Dwelling Units for Your Family
Everyone has heard of the term “in-law suite,” and that is essentially what an accessory dwelling unit is. Families that choose to live in a multi-generational home receive a lot of benefits; however, the benefits can grow when they decide to build an ADU.
Aging in Place
Aging in place is a term used to describe elderly persons who live in their homes instead of in a retirement home. An ADU for aging in place allows you or a family member to grow old in your home while still having your independence and someone nearby to assist with everyday life.
Studies show that when aging adults are able to maintain their independent lifestyles, they are happier and healthier. This is because they can still live their lives and are surrounded by loved ones.
ADUs for multi-generational housing also help families save money! With multiple families living together, mortgages, bills, and groceries are more affordable. This allows your family to save more money for medical bills, fun, and other expenses.
Additional Multi-Generational Housing Benefits
Increase Property Value
Another benefit to building an ADU on your property is that it can significantly increase the value of your home. Many people are looking for homes that provide that extra space for at-home offices and more.
Accessory dwelling units are so popular because of the flexibility they offer. The uses for these structures are limitless – you can rent them out for extra income, use them for family, or as a personal getaway.
Learn More About ADUs for Multi-Generational Housing
Capital Dwelling serves Potomac, Silver Spring, Bethesda, Chevy Chase, and Arlington! If you are interested in learning more about how we can help you get an ADU, contact us today!