Welcome to our June 2021 Southbay Market Watch episode, where this month’s headline really is the impact that the ADU (Additional Dwelling Unit) is having on this RED HOT real estate market. For buyers, the ability to add an income-producing unit onto a property can easily shake off the sticker shock of that dream home you’ve just found. And for the seller, this can easily add marketability to your home for anyone ranging from first time home buyers to those looking for an investment opportunity.
Throughout the Southbay and Silicon Valley, the ADU factor is a game changer for all parties and municipalities are making it easier to add these to the equation. Here are some tools and resources related to ADU’s in the Southbay including an address tool that allows you to see what the regulations and details are for that specific property.
PLUS, we have links to our mortgage and home value calculators as well as Up-to-the-Minute neighborhood property listings.
And if you’re curious about the very commutable Santa Cruz market and its affordable options in the redwoods or by the coast, be sure to search the latest listings and watch our Santa Cruz Market Watch.
Thank you for allowing me to be your real estate resource!