How Much Value Does a Mother-in-Law Suite Add to Your Home?

Perhaps you’re concerned about an older parent living alone or your recent college grad paying high rent while they’re just getting their career started. Maybe some rental income from short-term vacationers is appealing, or you’d like a new home gym or office. Consider converting existing space in your house or constructing an addition to create a mother-in-law suite (also known as an accessory dwelling unit or “ADU”) that adds value to your home and generates rental income. Maybe your home already has an ADU and you’re curious, but either way you’d like to know: how much value does a mother-in-law suite add? Get an Estimate on Your Home's Value Our Home Value Estimator is a great starting point for getting a sense of how much your house is worth. Then, work with a top agent to nail down a price that accounts for how much value your mother-in-law suite adds. ADUs have been growing in popularity. Rising real estate prices have made ADUs more common in certain markets where affordable housing is difficult to find, while the pandemic created more interest in having extra space at home. “We’ve seen record prices and some people are just getting priced out of homeownership or making dec...