Last night’s ABCs of ADUs event was a huge success! Thanks to everyone who came out to learn more about ADUs and Tiny Homes, and a special thanks to Will and the Microlife Institute for co-hosting the event with us.
The City of Atlanta is working hard on another update to our zoning ordinance. It’s another round of Quick Fixes to address smaller tweaks to areas that should not be overly controversial. However, you never know what is going to trigger resistance and outrage when discussing modifications to property rights.
One of the surprising areas of contention is a push to strike the provision allowing accessory dwelling units (ADUs) in the R-4 zoning category. A lot of the resistance to this change is coming from various groups that think this new provision will result in the clear cutting of a lot of Atlanta’s amazing tree canopy.
We are going to break down some of these zoning terms to hopefully shed some light on things…
There are a lot of reasons to build an ADU, and a lot of reasons to do this sooner than later. There is one time that is less than ideal though- when you don’t have an income.
This may seem obvious, but it matters for folks thinking through Aging in Place strategies. An ADU is a great way to be able to afford to stay in your neighborhood as you consider retirement, offering several options. The first stage could be having supplemental rental income while you stay in your house, helping to defray property taxes and other costs. Later, it offers the chance for you to rent out your main house, while downsizing into your ADU. This allows you to keep a foothold in your community, greatly reducing or eliminating your housing costs, and providing freedom to travel the world.
If you plan to finance your ADU, your bank or mortgage broker will have a much easier time getting the loan approved if you still have an income. Loan appraisers often struggle to properly value a proposed ADU, which means they may significantly undervalue it, or give it no value at all. An undervalued appraisal can easily sink a loan approval.
Getting your ADU financed and constructed before retiring is exceedingly important for folks that don’t have easy access to all the cash necessary to pay for their ADU out of pocket. Food for thought.
We just had the chance to participate in an amazing roundtable discussing ADU policy in Washington, DC hosted by AARP. Why is AARP bringing people to DC to talk about ADUs? AARP has spent a solid 20 plus years advocating for housing choice as an important way for people to age in place in their communities, and realizes that ADU play a really important role in providing this choice. Their website has a wealth of resources for folks interested in learning more.
Recently, we have had the pleasure of presenting at a number of forums including the annual GPA conference, a ULI/CNU Small Summit, and the MicroLife Institute’s Innovative Housing Summit. We have used these great opportunities to dig into some concepts we’ve been contemplating for a long time, focusing specifically on the need for more housing in our most beloved communities.
Curious about owning an ADU? Kronberg Wall Architects has partnered with local designers and builders to create the ATL ADU CO, a complete design/build/deliver service. The ATL ADU CO offers several ADU designs that meet a variety of price points, space needs, and site conditions, and our team of experts provide step-by-step guidance to buyers. Learn more at www.atladuco.com, or email us at email@example.com.
We enjoyed the opportunity to share our thoughts on ADUs at the Decatur Tiny House Festival this past weekend. For those who couldn’t make it and are interested in learning more about why we give a hoot and what we’re doing about it, click below to download our presentation.
UPDATE: The ATL ADU CO now has its own website! A complete design/build/deliver service, the ATL ADU CO offers several designs that meet a variety of price points, space needs, and site conditions, and our team of experts provide step-by-step guidance to buyers. Learn more at www.atladuco.com, or email us at firstname.lastname@example.org.
We have some exciting developments taking place at Kronberg Wall, and I mean that literally. We are flexing our development muscles as we aim to launch our newest branch of design expertise: Accessory Dwelling Units. What does it all mean? Well, the short of it is: we see a problem, and instead of waiting around for a solution, we are going to create one.