An in-law suite goes by many names. You may have heard of it as an accessory dwelling unit or ADU, a guest house, a home addition or even an in-law apartment. All of these terms refer to a new living space that a roofing new construction company builds as an addition to the main residential property. It can either be attached to a larger home or set up separately.
What Are the Uses of an In-Law Suite?
Traditionally, an in-law suite serves as a home for your relatives. However, this home addition can also be used to accommodate your aging parents or to host guests and other people visiting your residence. As an alternative, you can also choose to rent out your secondary house to qualified tenants, but you will need to meet some requirements before doing so. Finally, a home addition is also a great way to extend the square footage of your main home when doing a remodel. You can stay there for a couple of days or weeks instead of temporarily living out of a hotel.
How Does an In-Law Suite Affect Home Value?
The biggest advantage of building an additional space to your existing home is that you can accommodate more people in your residence. A functional in-law suite with basic amenities provides comfort and satisfaction to your guests and family.
Moreover, local roofing companies also say that building a home addition can immensely increase the value of your property. In fact, a survey by the National Association of Realtors observed that an in-law suite is one of the two elements for which most buyers are willing to pay extra thousand dollars. This allows your home to stand out from a crowded field of sellers in the future. Or, else, you may opt to rent it out and even recoup your building expenses in only a few years.
Ritco Group, Inc. is a leading provider of roofing and new construction solutions in Tennessee. We work with clients in and around Brentwood, Columbia and Franklin, TN, and offer roof maintenance, additions and storm damage restoration services. Call us at (931) 381-0175, or fill out this contact form to set up an appointment.