Will ‘Granny Flats’ Resolve Housing Shortages?

Will ‘Granny Flats’ Resolve Housing Shortages?

Source: http://realtormag.realtor.org/daily-news/2018/03/27/will-granny-flats-resolve-housing-shortages?tp=i-H43-Bb-1qL-2fMTr-1p-ClFp-1c-2fRMP-1Xs3bX&om_rid=39410539&Om_ntype=RMOdaily&om_mid=7089

Image result for housing shortage

Some housing economists believe that “granny flats” could be the key to alleviating housing shortages across the country, and they are calling on more municipalities to ease up the rules to allow such dwellings to be built on or into more single-family homes.

Nicknamed “granny flats,” these accessory dwelling units tend to be separate, cottage-like structures, but may be a converted garage or basement that houses an extra living area. Some city and state government have zoning laws that prevent these extra living quarters from being added into single-family homes.

But that is changing. In California, three new zoning laws in 2017 allowed for expanded development of granny flats. California has since seen a 63 percent increase in the number of building permits for these units—more than any other state, according to ATTOM Data Solutions, a real estate data firm. Hawaii saw the next largest increase at 31 percent, followed by Tennessee at 25 percent and Washington at 22 percent.

“At a time when many housing markets are experiencing severe supply constraints and housing affordability is under stress nationwide, accessory dwelling unit legalization represents a low-profile free-market solution that requires little from government actors beyond getting out of the way,” noted Jonathan Coppage, a visiting senior fellow at R Street Institute, a think tank, in a 2017 report.

Granny flats also might allow more homeowners to generate extra income from short- and long-term rentals of these units.

But many counties either still have zoning restrictions that don’t allow these units, or they are making the building permit process difficult.

Some counties, however, are concerned that the extra dwellings could lead to limited parking spaces and more congestion on their streets from tenants renting the units.
Improper blood circulation is one among the main causes of the spinal cord injury. cheapest viagra from india check out here The problems may take a turn into irresolvable concerns as well. cheap viagra 25mg check out that now Sudden loss of penile erection can be a typical component to finish, but at the same time it’s unlawful. order levitra purchasing here order cialis online This medication also proffers a significant way to treat men’s erectile dysfunction.
Source: “Could ‘Granny Flats’ Be the Solution to America’s Affordable-Housing Crisis?” MarketWatch (March 26, 2018)

Empire Logo and Phone Number

About Empire Appraisal Group, Inc.

Establish in 2005, Empire Appraisal Group, Inc., is Broward County’s leading residential appraisal company as a result of their accurate and reliable appraisals, excellent customer service, and quick turn times.  When working with an appraiser, integrity and professionalism are essential, and Empire Appraisal Group has a well-established reputation for providing the best appraisal experience.  Daniel Lindeman, the Chief Appraiser, is considered one of the top property appraisers in Florida, with nearly 15 years of expertise and 7,000+ appraisals to his credit.

We ‘specialize’ in helping people who need appraisals for estate purposes, divorce, bankruptcy, FSBO’s and more.

We also work closely with realtors to help establish listing prices, these pre-listing appraisals ensures sellers get top dollar for their home.

In addition, to homes of all shapes and sizes, we also appraise condos, multifamily homes, boat docks, land, as well as specialty properties. No job is too big or too small, from manufactured homes to mansions.

Call Empire Appraisal Group directly with any questions concerning your real estate values at 561-441-9298.  Also, check out our ‘Reviews’ page and see what others are saying about Daniel Lindeman and Empire Appraisal Group, Inc.

We provide residential appraisal services to all cities in Broward County:  Parkland, Coral SpringsCoconut Creek, Dania Beach, Cooper City, Davie, Deerfield Beach, Fort Lauderdale, Sunrise, Hallandale Beach, Hillsboro Beach, Hollywood, Lauderdale by the Sea, Lauderdale Lakes, Lauderhill, Lighthouse Point, Margate, Miramar, North Lauderdale, Oakland Park, Pembroke Pines, Plantation, Pompano Beach, Sea Ranch Lakes, Tamarac, Weston, Wilton Manors.

Leave a comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.