Скачать или смотреть The ADU Effect: Does It Increase Your Home's Value?

Understanding the impact of laneway suites, garden suites and coachhouses on home values in the GTA.

In this video, I delve into the value-added potential of Accessory Dwelling Units (ADUs) in the Greater Toronto Area (GTA).

I'm joined by Toronto appraiser David Wenger from Ridgepoint Appraisals to discuss whether adding an ADU, such as a garden suite or laneway house, increases the overall value of a home. David explains his appraisal methodology, including the comparison and paired sales approaches, and highlights the challenges faced in evaluating properties with ADUs. We explore how banks' restrictions can impact appraisals, and affirm that ADUs do add significant value to homes, providing both functional and economic benefits.

If you're considering adding an ADU to your property, this episode is full of valuable insights. For more information or to get in touch with David, watch now!

00:00 Introduction to ADUs and Their Value
00:29 Meet the Expert: David Wenger
00:31 Understanding Appraisal Methods
02:31 Challenges in Valuing ADUs
06:50 Practical Insights on ADU Value
08:12 Conclusion and Contact Information