Increased Home Value
With the rising cost of living and interest rates at a 22-year high, increased home values offer leverage for home owners to build financial freedom right into their home.
Additional Living Space
Whether you’re a young professional just starting out or are getting close to retirement, building an additional living space can be the foundation of financial peace of mind. What better place to start than at the bottom? Basement space can be easily repurposed into an Air B&B, short or long term apartment rental or in-law suite.
Dual Purpose Space
More than just storage for vehicles and tools, a garage can be the ideal spot to have a studio apartment for a University or College student, your adult child or a family friend. Completely separate from your family home, utilizing this under-used space can offer independence, privacy and security while increasing the value of your home and bringing in passive income.
Income Potential
With the increased demand for housing and rising rental costs, having a separate Accessory Dwelling Unit on your property is one way to fill the demand while adding income to your family’s finances. Many municipalities are making it easier to have a tiny home on your property, either in a laneway or backyard. Tiny Homes are the perfect solution, providing independence and privacy for both the homeowner and the tenant, with a small footprint.
Market Trends
During the Pandemic the home improvement industry thrived as homeowners took on renovations or DIY projects to improve the comfort and value of their homes.
Post-pandemic, with the increasing cost of living and some of the highest interest rates in over 20 years, people are looking for ways to increase their home value and income. Adding to existing homes by building Accessory Dwelling Units is a smart solution. Whether to help pay your existing mortgage, house aging parents, have space for adult children, or supplement retirement income we can help come up with a plan that fits your needs.