If you’re looking for a way to utilize the extra space on your property, consider investing in an accessory dwelling unit. These accommodations not only allow you to add extra room and storage space to your home, but they can also be turned into a rental unit for extra income. Below is a deeper look at the benefits these housing options have to offer.

3 Benefits of Accessory Dwelling Units

Potential for Extra Income

Unutilized space on your property could very well be the key to maximizing your earning potential. Converting the basement or space above your garage into studio living accommodations and renting them out is a great way to make some side income. You can also capitalize on the extra, underutilized space on your premises to create an adjoined rental unit.

Proximity to Elderly Family Members

These housing options are also referred to as in-law suites in layman terms. That’s because they serve as an excellent, independent accommodation space to house aging relatives and keep a close tab on their well-being. In addition to the security of living close to you, they can take advantage of the easy maintenance options a smaller space has to offer.

Optimal Use of Property

Leaving a large vacant area on your premises serves no purpose unless you come up with a way to maximize its potential. Adding an accessory dwelling unit is a great way to make optimum use of free space and increase occupancy. Whether you choose to build an annexed apartment or plan to convert your basement into one, the extra room proves beneficial once children grow up and need an independent place to reside in. Additionally, it can also serve as a practical place to house guests traveling from out of town.

Anytime you need consultations and building services for accessory dwelling units, the professionals at R. Clary Builders are always up for the task. These general contractors have furnished Kailua, HI, and the surrounding areas with exceptional home design solutions for over 30 years. For further information, call these experts at (808) 263-4463 or visit their website.