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Updated about 3 years ago,
Permitting Single Family Home with and ADU
Background:
I live in the greater Seattle area
-Iv house hacked a single family home (2 story / 3 bed / 2 bed)
-10% down, purchase price $583,000, took a loan out on my stock portfolio to pay for the remodel (4% interest rate)
-Looking to refinance in March and wrap my remodel loan + home loan together
-I did a complete remodel of both the top unit and lower unit, planning to live on the top unit and rent out the bottom unit ($2000/month) *the mortgage is $2800
-I would like to have two separate mail boxes for each unit. I talked to the permitting department with the county and they said I need to apply to permit the top unit as an ADU.
My question is:
-Does permitting the top unit as an ADU have any positive or negative effect on the value of the home?
-Would you guys recommend getting this permitted?