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Interest rates are high, but ADUs are still worth considering

The Casita Coalition has helped answer a burning question for many homeowners considering an accessory dwelling unit this year – see below for a short synopsis, and click here for the full details!

 

“Many homeowners are feeling cautious this fall about borrowing money for big home renovations. With interest rates still at a 15-year high, having more than doubled in the first nine months of the year, homeowners might be unsure whether now is the right time to invest in an accessory dwelling unit. 

But there are still a few really good reasons to consider building an ADU right now, despite economic uncertainty.

1. What goes up must come down

2. There are forgiving financing options available.

3. Improved cash flow is just one of the benefits of an ADU project.

4. Building now may mean more labor availability.

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