Charles Stallions Real Estate Services Inc.

An ADU as an option to affordability

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As home prices and mortgage rates rise, buyers are looking for innovative ways to make homeownership more manageable. One option gaining popularity is the Accessory Dwelling Unit (ADU).

An ADU is an independent living space, often resembling a small apartment or efficiency, located on the same property as a single-family home. It can be attached to the main house, like a basement or garage conversion, or it can stand alone as a detached structure. While not widely known, ADUs offer unique financial and lifestyle benefits that could make homeownership more affordable.

The most significant advantage of an ADU is the potential to generate rental income. By renting out the ADU, buyers can offset their monthly mortgage payments, making homeownership much more attainable.

This can be particularly helpful for first-time buyers or those with moderate incomes who may otherwise struggle to afford a home. Even beyond rental income, ADUs serve as a long-term investment, adding value to the property and increasing its appeal for future buyers.

ADUs aren’t just for young buyers, though�they’re a versatile solution for various lifestyles. Retirees, for example, can generate extra income by renting out the ADU or even maximize their financial potential by moving into the ADU themselves and leasing out the main house.

Families can use ADUs to keep aging parents close while maintaining privacy, and empty-nesters who love to travel can rent out both the main house and ADU seasonally, creating an additional income stream.

While there are challenges to adding an ADU, such as navigating zoning regulations or securing financing, the rewards can far outweigh the initial effort. An ADU can make your property more affordable, generate passive income, and become a valuable investment over time.

If this idea sparks your interest, talk to your real estate agent to explore whether an ADU could work for you. It’s a creative and practical solution that could open the door to homeownership in today’s competitive market.

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    Charles helped me find an incredible deal on a property by Woodham Middle School.  He dealt fairly and professionally during the transaction representing both sides.  It was a very smooth transaction.

    ak727

    I contacted Charles to help find a rental for a relative.  Charles knows Pensacola. I closed loans for Charles years ago and he was always professional and reliable.  My relative found a place on their own.  I will contact Charles again when searching for property.

    conhen2013

    Although I am not into a new home yet, Charles Stallions has been honest and has followed through. He tells it like it is and doesn’t waste my time. I feel hopeful that with his help I will find the right home

    Dean and Betty Bourne
    I’d like to take this opportunity to tell you all about the exceptional service and experience my wife and I had when selling our house.  I have know Charles for over six years and when it came time to sell my house I naturally went to him for assistance.  We met and discussed the value and what work needed to be done to get our best price.  That being completed we listed the house.  Within one week we had 3 showings (before it hit the MLS).  We got 2 offers from those showing and I made approximately $10,000 more than I expected.  Charles is a competent, trustworthy realtor, but more importantly he is a native of Pensacola and has an extensive network of other real estate agents, banks and closing agent, and trades people and service providers necessary to complete the sale or purchase of your property.  I highly recommend Charles Stallions Real Estate Services for you real estate needs.
    Delos E.Boardman

    I would like to express my appreciation for the 12 years of managing my rental property there in Pensacola as effectively and efficiently as all of you did. It was always a pleasure to hear from Michelle even when I knew it was about to cost me for a repair for whatever. You always delivered the news of an upcoming expense in the most pleasant way and made me feel better about what I was about to spend. Rianna also helped me sort out those expenses at tax time which made filing them accurately much easier.

    Charles, thanks for taking care of business all those years, keeping the property rented, and ultimately getting the place sold. I believe the only single occasion where there was any sort of issue actually was caused by the Post Office delivering a check over three weeks after it was sent.

    All things considered I feel my choice to use your services was a very good one.

    Thanks again for your professionalism and I wish you the best success in the future.

    Rich Henson