Tired of the insane housing prices in California? Well, we've got the solution for you – Accessory Dwelling Units, or as the cool kids call them, ADUs! 😎
These little gems are taking the Golden State by storm, with a whopping 1 in 5 new homes built last year being an ADU. That's right, granny flats are the new black! 👵🏽
And if you're in the Bay Area, get this – the number of ADUs has skyrocketed from 1,100 in 2020 to a mind-blowing 2,700 in 2023! Talk about a tiny home revolution! 🏡
Now, here's where things get really exciting: starting July 2024, you'll be able to sell your ADU separately from your main house as a condo! 🤯
That's right, you can build equity or earn passive income like a boss!
Feeling thrifty? Prefab ADUs can cost as little as $228K for a cozy 340 sq ft studio. But if you're feeling fancy, you can go all out with a custom build for around $500-600 per square foot. 💰
So, what are you waiting for? Join the ADU craze and say goodbye to your housing woes! Whether you're a first-time buyer, an empty nester, or just someone looking for a smart investment, ADUs are the way to go. 🔑
Get in on the action and secure your slice of the California dream! 🌴
💻 Dive deeper into your real estate journey on my website and get even more information through my links below!
www.SteveMun.com/ linktr.ee/stevemungroup 💬 Did you enjoy this video? Share your thoughts and experiences in the comments below.
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Whether you're settling into Silicon Valley, considering a move due to job relocation, or exploring investment opportunities through a 1031 Exchange, my channel offers a wealth of resources tailored to meet your needs. Dive into the heart of Silicon Valley Real Estate, from Rivermark area homes to luxury condos in Miraval, and discover the latest in activities at Mission Terrace and other Santa Clara Real Estate opportunities and beyond.
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