Accessory Dwellings

A one-stop source about multigenerational homes, ADU's, granny flats, backyard cottages, in-law units, accessory dwelling units…

Renovation loan: a new way to finance ADU construction

Financing your ADU has become easier. I am sure that when someone mentions financing, or budgeting, or anything to do with numbers for a project there is a slight shudder … Continue reading

November 15, 2013 · Leave a comment

Finally, A Loan Product That Works for Constructing ADUs

In most markets, financing the construction of ADU’s is notoriously difficult. When constructing an ADU, you need to have all the cash upfront to pay a contractor for the cost … Continue reading

January 28, 2013 · 2 Comments

Appraisal Journal on ADUs: they could be worth more than you think

Today the Appraisal Journal publishes a research paper about residential properties with accessory dwelling units (ADUs).  The paper describes an income-based method for appraising properties with ADUs, and concludes that … Continue reading

November 20, 2012 · 7 Comments

Refinancing an ADU – a mortgage broker’s perspective

As a mortgage broker in the Portland area for almost 8 years, I’ve learned “the harder I work, the luckier I get” is really true. In this instance hard work … Continue reading

March 13, 2012 · 1 Comment

A research and action agenda for Accessory Dwelling Units and their advocates

I spent a lot of 2011 learning about Accessory Dwelling Units (also known as in-law units, granny flats, backyard cottages, etc).  Beat that in terms of geekiness!  (Okay, I bow … Continue reading

January 10, 2012 · 8 Comments

New Energy Performance Incentive Available for New ADUs

In a post on my personal ADU blog, I described an awesome building incentive that was made available for my ADU from the Energy Trust of Oregon (ETO). My ADU … Continue reading

January 4, 2012 · 4 Comments

Appraising properties with accessory dwelling units: a preview of new methods and findings

[update Nov. 2012: the paper is out in Appraisal Journal... click here] This year I’ve been working with appraiser Taylor Watkins of problem of appraising properties with accessory dwelling units, … Continue reading

December 21, 2011 · 13 Comments

How appraisals and “GSEs” make financing an ADU challenging

(Update January 2013: please note that the research on which the following piece was based has now been published in Appraisal Journal.   Please read the full text of that article … Continue reading

November 21, 2011 · 10 Comments