What if I told you that your next home could actually help pay for itself? Yep! It’s absolutely possible! And it’s one of the smartest ways to build wealth through real estate!
Hi, I’m Tanja Odzak, eXp Realty. I love helping people. I’m a Senior Level Realtor and I help people sell and buy homes right here in the East Bay!
What is one of the smartest ways to build wealth through real estate? It’s with an Accessory Dwelling Unit, or “ADU” on your property! What’s an ADU, you ask? It’s an extra living space like a backyard cottage, a converted garage, or even a basement apartment right on your property.
A recent survey found that 24% of agents say buyers are actively searching for homes with an ADU because of their benefits. Benefits like generating extra rental income, creating a flexible living space for aging parents or adult children, or even an at-home office. This is absolutely true in the East Bay, I myself have lots of buyer clients looking for homes with an ADU.
Here’s why you should consider having one in your next home: Passive
Income Potential. Imagine having a built-in rental unit that could generate $1,500,
$2,500, even $3,000 a month. That’s extra cash to cover your mortgage or boost
your savings. If you don’t want to rent it out, the space can also be room for family. Whether it’s space for aging parents, adult children, or long-term guests, an ADU gives you privacy and flexibility while keeping loved ones close.
And here’s the best part, ADUs can add huge value to your home. That means when it’s time to sell, you could cash in on a smart investment that pays off big time. If you’re thinking about this, make sure you do some research because some cities offer grants, low-interest loans, or relaxed zoning laws to encourage ADU construction.
So, if you’re thinking about buying a home this Spring, consider one that can pay you back. Call me today and let’s find your perfect property with an ADU or one that’s perfect for adding one, so you can have your dream home as well as the opportunity to generate additional income or provide space for family. I’m Tanja and I sell homes. Let’s get you going, Call me today!
National Market Update #6 – The Rise of Home Prices: What It Means for You
Thumbnail: The Rise of Home Prices: What It Means for You
Video Post text:
Over the past few years, you’ve probably seen a whole lot of headlines about how home prices keep going up. And if selling has been on your mind, this could mean a bigger than expected payday when you list your home on the market.
Watch this video to hear more! 🍿🎥 👁️👄👁️
Script:
Over the past few years, you’ve probably seen a whole lot of headlines about how home prices keep going up. And if selling has been on your mind, this could mean a bigger than expected payday when you list your home on the market.
Hi, I’m Tanja Odzak, eXp Realty. I love helping people. I’m a Senior Level Realtor and I help people sell and buy homes right here in the East Bay!
Home prices have risen dramatically over the past five years but have you ever stopped to think about what that actually means for your home? Let’s talk about it…
Typically, home prices appreciate about 2 to 5% a year. But in 2021-2022, post pandemic, things got wild. The housing market was seeing double-digit increases in home prices and at the peak, home prices rose by a staggering 20% or more nationally.
WHAT HAPPENED THERE? What happened was that there were way more buyers than homes available and mortgage rates were at an all time low, in the 3% range. This sent prices soaring and a frenzy of buyers in the market, which all just boils down to a simple case of supply and demand.
While things have normalized since then, you still get to reap the benefits of rising home prices. Most likely, your house has gained way more value than it normally would in such a short period of time, and that means more wealth for you.
You may be sitting on a large amount of home equity depending on when you bought your home. So, if you have been on the fence about selling, now might be the perfect time to cash in on those gains and take advantage of what happened back then. Your home might just be worth far more than you think and now may be a good time to take advantage of this changing market.
If you would like to know more about recent sold comparables in your area and pricing, Call me today and let’s talk about it! I’m a seasoned East Bay expert with a 5-star rating. I’d love to prepare a complimentary free home valuation on your home and help you strategize your next move! I’m Tanja and I sell homes. Let’s get you going, Call me today!
I’m a Top Producing Realtor® in the OAKLAND / BERKELEY / EAST BAY AREA. I’ve been in the San Francisco East Bay Area since I came up to do my undergrad at UC Berkeley (a long time ago!), with a short stint at UC Davis while getting my Master’s. I take my duties as a Realtor® and Fiduciary very seriously, I enjoy educating my sellers and buyers along the way. Putting People, Before Profit.
Why not check out one of my no-obligation, online, On-Demand, virtual Real Estate Seminars?
Click here—> I WANT TO GAIN ACCESS TO THE *HOME BUYER* SEMINAR NOW
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