Accessory Dwelling Units ~ ADU's a top priorty in Maryland in 2022

By
Real Estate Broker/Owner with Mackintosh REALTORS 82894

Promoting Accessory Dwelling Units (ADU) in Maryland is an ideal solution to expand housing opportunities. Many states  have passed laws that allow multiple housing units to exist on a lot that was formally established as a single family property.

An ADU is like a second back yard house or "Granny Flat". A home owner could utilize the ADU as a long term rental to offset mortgage payments or have In-Laws move in , but not literally in their house. This is a great way to help fill the housing shortage, expand the affordable housing stock available, increase density while limiting urban sprawl, and provide home owners an additional source of income on their existing investment. 

To learn more visit:

https://opendoorsmaryland.org/

#OpenDoorsMD

 

Comments (10)

Jeff Masich-Scottsdale AZ Associate Broker,MBA,GRI
HomeSmart Real Estate - Scottsdale, AZ
Arizona Homes and Land Group/ Buy or Sell

Thanks Buzz. This adds a whole new meaning to the concept of "Dropping in for a visit" Jeff 😎

Dec 02, 2021 12:50 PM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Buzz, cities are starting to see the need for ADUs, and hope more come around soon.

Dec 02, 2021 03:46 PM
Endre Barath, Jr.
Berkshire Hathaway HomeServices - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Buzz Los Angeles started the ADU's and ironically our approval process is like molasses so the ADU's added a new dimension... it is like the wild west... when it comes to approvals, Endre

Dec 02, 2021 10:54 PM
Buzz Mackintosh

 Endre Barath, Jr. I remember reading a number of your blogs on ADU's when California first approved their legislation and it seems the approvals are taking longer every where these days.

Dec 03, 2021 03:41 AM
Michael Jacobs
Pasadena, CA
Los Angeles Pasadena 818.516.4393

Hello Buzz - as Endre Barath, Jr. commented, the "ADU" movement is generating a lot of discussion.  Now, we need a lot more action.  

Dec 03, 2021 04:25 AM
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

This is interesting information to share. I wonder if we will see any changes in HOA restrictions.

Dec 03, 2021 06:29 AM
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Buzz,

I am laughing at Endre Barath, Jr. comment.  Los Angeles is notorious for its approval system of anything.  Most of the time when we had our commercial real estate firm, it took hiring an expeditor to zig and zag through the approval process, and it still took time...

Dec 03, 2021 06:34 AM
Buzz Mackintosh

Ron and Alexandra Seigel it seems like anything  to do with the government permitting process is very inefficient in most places.

Dec 03, 2021 07:08 AM
Jeffrey DiMuria 321.223.6253 Waves Realty
Waves Realty - Melbourne, FL
Florida Space Coast Homes

It is interesting. I am wondering what the net affect ADUs will have on the entire real estate market for years to come. Will kids stay home and not buy a house? will seniors move by kids to save money? Will fewer sales hurt the market as ADUs become more popular?

Dec 03, 2021 08:25 AM
Buzz Mackintosh

Jeffrey DiMuria 321.223.6253 Waves Realty It should help the Buyers priced out of an expensive market combine a multi generational household or the ability to use long term rental income to offset their mortgage payments with the additional income.

Dec 03, 2021 04:34 PM
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

Good Monday morning, Buzz.

Take care, be safe and have an outstanding week.

Dec 06, 2021 05:29 AM
Buzz Mackintosh

  There is currently a call to action to stop the override on HB 933 ~ not sure if your still on the email notification chain.

Dec 07, 2021 03:39 AM
Kristin Johnston - REALTOR®
RE/MAX Realty Center 262-567-2455 - Waukesha, WI
Giving Back With Each Home Sold!

Great information.  Thanks for sharing and happy New Year!

Dec 31, 2021 08:19 AM
Debe Maxwell, CRS
www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310 - Charlotte, NC
The right Charlotte REALTOR!

Funny but, I just sent a link to an ADU to my husband yesterday, Buzz. I'm trying to talk him into adding one or two to our lot and doing Airbnb there. Our lot is large enough and a granny flat is too small to house a 'big party' as is often the fear of those who own Airbnbs here! I think it could be a fun project - and money maker!

Great information about ADUs. I am glad most states are taking steps to accommodate these to help solve the crisis that we are experiencing with many people being pushed out of our market. The low end just keeps going higher and higher with each passing month.

Happy New Year to you and yours, Buzz!

Happy New Year!

Jan 02, 2022 03:17 PM