In-law suites, also known as in-law apartments or accessory dwelling units, serve as adaptable living spaces within single-family homes. Originally created for aging parents, they now fulfill various roles, such as guest quarters, home offices, or rental units. Typically featuring a bedroom and bathroom, some include kitchen facilities. The cost of adding an in-law suite ranges from $30,000 to $70,000, with standalone units costing more than $125,000. These suites increase home desirability and offer multigenerational living options and potential rental income, with some areas having restrictions on usage.
In-law suites, originally designed for aging parents, have evolved into versatile living spaces that offer proximity and privacy, catering to various needs.
Adding an in-law suite to an existing home can range from $30,000 to $70,000, while standalone constructions often exceed $125,000.
#in-law-suite #accessory-dwelling-unit #multigenerational-living #home-investment #residential-real-estate
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