ADU Law Coming 2025
Starting February 2025, a new law is making it easier than ever to add these versatile living spaces to your property. Whether you're looking to care for family or boost your real estate portfolio, this is big!
ADU 101: What You Need to Know
1. Family Care Benefits:
• Keep loved ones close, avoiding costly nursing homes
• Preserve independence while providing nearby support
• Customize care to specific needs
• Combat isolation common in care facilities
• Potential savings: $63,000+ annually vs. nursing home costs
2. Real Estate Investment Perks:
• Increase property value (potentially by 20-30%)
• New rental income stream (average $1,000-$1,500/month in MA)
• Diversify your real estate portfolio
• Attract long-term tenants seeking multi-generational living
3. Key Features of the New Law:
• ADUs allowed in single-family zones without special permits
• Size limit: Up to 900 sq ft or half of main house
• Minimal parking requirements
• Effective February 2, 2025
4. Potential ADU Types:
• Converted garages or basements
• Above-garage apartments
• Backyard cottages
• Attached additions
5. Financial Considerations:
• Average cost to build: $100,000 - $200,000
• Potential ROI: 65% or more
• Financing options: Home equity loans, cash-out refinancing, construction loans
Whether you're looking to provide a loving home for aging parents or maximize your property's potential, ADUs offer a flexible solution. As your local contractor, I'm here to help navigate these exciting changes!
Questions? Thinking about an ADU for your property? Drop a comment or message me. Let's make your property work harder for you and your family!
#MassachusettsADU #RealEstateInvestment #FamilyCare #HomeImprovement #Robinsonhomebuilders