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Tuesday, September 29 2020 / Published in Informational
How much will my property tax increase if I add an ADU to my Berkeley home? The benefits of adding an ADU are huge. You get a place for loved ones, for yourself, or for renters. One issue we are regularly asked about is tax increases. Since an ADU increases your property value, your property
Tuesday, September 29 2020 / Published in Informational
When adding an ADU in Berkeley, you’ll see an increase in property taxes. Here’s how that worked out for one client who converted a backyard structure into an accessory dwelling by adding a kitchen, bathroom, and laundry closet. With the added amenities, the structure can now be used as a guest house or rental home.
Monday, September 28 2020 / Published in Informational
When adding square footage to your home in California, it’s important to consider the potential increase in property taxes. One of our clients in Berkeley added a two-story addition to the rear of their home. The addition included a family room, a dining room, a laundry room, and a master suite. After the addition, the
Monday, September 28 2020 / Published in Informational
To explore tax increases in Berkeley when adding an ADU, we’ll take a look at this project, built by New Avenue in 2014. The clients wanted to remove their detached garage and replace it with a one-bedroom, one-bathroom backyard cottage for visitors. Using it as a guest house means everyone is more comfortable. Plus, the
Sunday, September 27 2020 / Published in Accessory Dwelling, Costs
When adding an accessory dwelling in Santa Cruz, you can expect an increase in your property taxes. Adding an accessory dwelling adds value to your property. Fortunately, your return on investment will be greater than your expenses. You can move a loved one into it and save money on housing, or you can rent it
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