Building Your Own ADU to Boost Family Assets
Building your own ADU is a great way to increase the value of your home, build sweat equity and give yourself more space! Here are some quotes from HonorBuilt Homes & Studios about building an affordable DIY ADU. The homeowners are embracing these opportunities to create wealth for their family by adding value to their property with an inexpensive project that can be done in just a few weekends or evenings after work.
In this article, we will be going over the benefits of building your ADU for your home. This is a prefabricated do-it-yourself kit that homeowners can install themselves and build up sweat equity and drive even more asset value for their family.
HonorBuilt Homes & Studios is a leading manufacturer of Do-It-Yourself accessory dwelling unit products. Our mission is to help homeowners build their own affordable accessory dwelling units to add value, wealth, and living space to their homes. In recent years, accessory dwelling units have been widely recognized as the most economical way for a homeowner to add needed living space while increasing the overall value of their home.
Accessory Dwelling Units were also known as a Granny Flat, Cottage, Mother-in-law suites, or Casita are becoming increasingly popular across America because they provide homeowners an opportunity to earn additional income from renting out part or all of their ADU or simply creating a place for aging parents to live more independently without having to move into an Assisted Living or Alzheimer's Care Facility.
What are the benefits of building your ADU?
The benefits of building your own ADU to boost family assets are endless! There are many reasons people build their own ADUs instead of buying one already built because it gives them value and equity for their home.
Many homeowners choose to build their own DIY ADU rather than purchase one because they can save up to 90% by doing it themselves rather than paying a contractor to do it for you.
People who buy prefabricated do-it-yourself kits have seen that their homes have gained about $15,000 in equity due to having an Accessory Dwelling Unit. So, if you add the home's value and your equity together, $20,000 is a drastic number that homeowners can gain just by building their own ADU.
By building your own do-it-yourself prefabricated ADU, you could save up to 90% on labor and materials costs which saves you money and adds to the overall value of your home after construction is complete!
Some homeowners decide to build their general contractor ADU because it gives them time with family while building something they can be proud of in the end. In addition, some people choose this route because they don't want to pay for rent or mortgage when they have a larger unit already built onto their home. For example, people who have a home with three bedrooms and have the opportunity to build an ADU could put that third bedroom into the ADU and then rent out their main home's additional bedroom.
This is great for not only rental cash flow but also for keeping up with monthly mortgage payments if you are trying to build financial independence!
Lastly, building your do-it-yourself prefabricated units is better than renting because it gives homeowners options on how much space they need at different points in their lives. Having an Accessory Dwelling Unit can make living arrangements easier when children come along or even if you begin to age in place!
How does building my ADU save me money?
Building your do-it-yourself prefabricated units saves you money because there are no contractor fees involved! So, if you have the materials and tools to build it yourself, then you will pay less money in building your prefabricated unit rather than paying a contractor or builder.
The main cost associated with having an Accessory Dwelling Unit is purchasing the foundation for your prefabricated do-it-yourself kit. Because when you purchase a prefabricated do-it-yourself kit, they are shipped to your home on flatbed trucks so the customer doesn't have any costs in regards to transportation.
Lastly, homeowners that build their DIY prefabricated units could save up to 90% on labor and materials due to doing most of the work yourself!
Where can I find prefabricated do-it-yourself kits?
HonorBuilt Homes & Studios offers prefabricated affordable do-it-yourself home additions that are shipped to your home directly! They offer dozens of Do It Yourself pre-packaged room additions that are affordable, easy to install, and even easier to finance.
So, if you would like more information about why building your own ADU is a great way to boost family assets, then give us a call today.
Some other Benefits of Building Your Own ADU
An ADU can give you another bedroom, a home office, or even extra living space. This is a good investment for anyone who needs more space and wants something that they can do themselves to create their own little private getaway spot at home.
There's no need to pay rent when you have an ADU, and you can even rent it out to help pay the mortgage.
"Building your own ADU or adding on a new bedroom is easy with Honorbuilt homes and studios. You don’t need any special skills or trades; anyone who knows how to read and follow directions can build their own affordable studio.
Our prefabricated do-it-yourself kit is designed to build up sweat equity and drive even more asset value for your family. If you’re not ready to take on a full ADU, consider a Honorbuilt home and studio as a weekend project."
You might want to think about building your own ADU if you live in a house that's just too small, or maybe your children have moved out and you want to turn the space into an office for yourself.
Adding another floor to your house can be an easy project because the materials are lightweight enough to be installed without much difficulty. This is a great way to add value to your property and make your dreams of extra space come true.
Need More Space? Build an ADU with HonorBuilt Homes and Studios for under $20,000!
Some might need more room in their current house for guests or young children who are ready to move back home after college. If you're looking for more space but you don't want to go through the process of building a bigger house, an ADU can be a great way to give yourself more living space without having to pay for it with extra rent.
This is also a good option if you own your home but don't want to make any major alterations or renovations. You can turn part of your garage into an office or build up your garden with one of our semi-permanent greenhouses. A prefabricated do-it-yourself kit like this gives you everything that you need in one simple package so that you're not spending all weekend just trying to find the right materials before construction even begins.
Building your own ADU is a great do-it-yourself project that allows you to create the space that you need at home, even if it's just extra storage or somewhere for your children to stay when they're too old for their childhood rooms. The best part about building this kind of DIY project yourself is that you can save money by choosing affordable materials and components instead of paying high contractor fees.
Key takeaways from this article
- The prefab, do-it-yourself ADUs that homeowners can install themselves and build sweat equity and drive even more asset value for their family.
- HonorBuilt Homes & Studios offer prefabricated affordable do-it-yourself home additions that are shipped to your home directly!
- You might want to think about building your own ADU if you live in a house that's just too small, or maybe your children have moved out, and you want to turn the space into an office for yourself.
- You can turn part of your garage into an office or build up your garden with one of our semi-permanent greenhouses.
- A prefabricated do-it-yourself kit like this gives you everything that you need in one simple package so that you're not spending all weekend just trying to find the right materials before construction even begins.
- If you own your home but don't want to make any major alterations or renovations, then building your own ADU is a great way to give yourself more living space without having to pay for it with extra rent.
Building an ADU is a good project to do yourself. You can use your home, even if you just need extra storage or space for kids when they are too old for their rooms. The best thing about doing it yourself is that you save money on the contractor fees by choosing cheaper materials and parts instead of high fees.
Topics: Newsletter ADU