RENT Magazine Q3 '23

As the demand for housing intensifies and urban spaces become more constrained, innovative housing solutions are gaining traction. Accessory Dwelling Units (ADUs) have emerged as a practical and sustainable approach to address housing challenges while making the most of available space to create small, affordable housing opportunities. But with the inclusion of ADUs on a property comes the challenge of fairly recovering utility costs. Ratio Utility Billing is the answer! UNLOCKING EFFICIENCY: THE ROLE OF RATIO UTILITY BILLING FOR ACCESSORY DWELLING UNITS

WHAT ARE ACCESSORY DWELLING UNITS (ADUS)?

First things first – let's talk about ADUs. You might be more familiar with them under other names like "granny flats," "in-law suites," or "backyard cottages." Essentially, ADUs are secondary living spaces attached to or located on the same property as a primary residence. They can take various forms, including basement apartments, garage conversions, or detached cottages. ADUs have been gaining popularity for several reasons. They provide a practical solution for In recent years, housing affordability has become a pressing issue in many cities and neighborhoods. The high demand for housing, coupled with limited space and rising property prices, has made it challenging for people to find suitable homes THE INCREASING NEED FOR ADUS

families seeking additional space for elderly parents, adult children, or guests. Furthermore, they open up opportunities for homeowners to earn extra income on their property.

ADUS HAVE BEEN GAINING POPULARITY FOR SEVERAL REASONS.

within their budgets. ADUs make use of available space on a property, homeowners can expand their living options or provide affordable rental housing to others.

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