Accessory Dwelling Unit / Modern Prefab Building provides an income producing opportunity for property owners. Our prefabricated kit of commercial grade steel parts can be delivered in weeks from order. Most any experience, certified steel erector or framing contractor could complete the project within a couple of months, ready for occupancy. EcoSteel has designed a luxury modern solution for small living and fast construction schedules. Some of our clients choose to build without a GC under an Owner/Builder Permit.
This model is designed for flood plane or Live/Work configuration. These units can be customized to fit various lot sizes and set backs. Range in pricing from as low as $125k for materials with a completion budget of under $250k in most locations.
Cities around the Country are facing growing housing demands with affordability being a key factor. Most urban areas are now encouraging home owners/ land owners to facilitate more housing options for community residents. One promising strategy is building small new homes on existing residential building lots. These added units are commonly known as Accessory Dwelling Units (ADUs) and are also sometimes known as secondary units, in-law apartments or granny flats.
Accessory dwelling units are self-contained residential units that are either:
Set aside within a larger single-family home, such as a separate basement or attic apartment;
Attached to a primary residence, such as an apartment above an attached garage; or
Smaller separate units built on the same lot as single-family homes.
Accessory dwelling units (ADUs) - also called secondary units, granny flats, carriage houses and in-law apartments - can be an important source of low-cost rental housing for small households in many communities. They can provide an opportunity for renters to enjoy the advantages of living in established homeownership communities, including good schools and safe and quiet neighborhoods. In addition, they can provide affordable options for older adults to live in certain communities in which they have better access to amenities and transit. They can also allow people who have lost their homes to foreclosure to stay in their community as an ADU renter.
ADUs may also be a boon to owners of the primary home, who collect extra income from the rental unit that can be used to help cover mortgage payments, property taxes and other costs. This extra income could prove especially helpful during economic downturns, and could help some families avoid foreclosure.
In some cases, the lease may include an agreement that renters help with household chores and basic maintenance, an arrangement that can help aging homeowners remain in their homes when they are no longer able to perform these tasks. Older adults and empty nesters may eventually choose to move into the ADU and rent out the main house, an adaptation that further helps them age in place. ADUs are generally built and financed entirely by the homeowner, so no public subsidy is required to make them available. Communities interested in using ADUs as an affordable housing option should comprehensively review their zoning policies to ensure they facilitate, rather than hinder, development of ADUs.