Millions of single-family homes are underused, on spacious lots. Refitting them for “roommate houses” or backyard cottages could make a difference.The New York Times reports that there are millions of single-family homes in the United States that are not being fully utilized, despite having spacious lots. However, there is a potential solution to this problem – converting these homes into “roommate houses” or backyard cottages. This could make a significant impact on the country’s affordable housing crisis.
Monte Anderson, a developer in Dallas, has already implemented this solution in his own home. He has split his 2,400-square-foot ranch-style house into four studio apartments, each with its own outdoor entrance. However, there is also a hidden door in the kitchen closet that connects the units, allowing Mr. Anderson to claim that he lives in a single-family home in accordance with local zoning codes.
This concept, known as “suburban retrofitting,” is a creative way to address the shortage of affordable housing in the country. Economists estimate that between four and eight million more homes are needed, but building new homes and apartment complexes is a time-consuming and expensive process. As a result, most new homes tend to be luxury rentals or higher-cost houses, leaving a shortage of lower-cost units.
In order to address this issue, it is important to find alternative solutions, such as converting existing single-family homes into multiple units. This can be a more efficient and cost-effective way to increase the supply of affordable housing.
Source:Read More
