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Updated 5 months ago on . Most recent reply
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ADA Units and Their Market Value
Hello! First time posting here. I quickly made an account because my partner got tired of me asking her to post questions.
My question is: Currently, we are not required to build to ADA standards, but our unit is perfectly set up to be ADA accessible. The cost of construction would not be much more for compliance, mainly just a no-curb shower. I see better diversity, but I'm trying to understand the ROI. Is there more value to ADA units? Can we get more rent? Any feedback would be helpful.
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Making your unit ADA accessible can offer several benefits, including a larger tenant pool, potential for higher rents, and future-proofing against regulatory changes. While the initial costs are a consideration, the long-term ROI can be favorable if there's sufficient demand in your market. Anyway welcome here! :)