An in-law suite basically refers to aseparate dwelling space that鈥檚 on the same property as your home. Sometimes, it may be detached, like a guest house or a pool house. More often, it鈥檚 under the same roof, maybe located in a basement or garage.
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What is an in-law suite and how does it work?
The name already gives it away. The main purpose of an in-law suite is to serve as a home for your relatives. You obviously don鈥檛 have to reserve it only for your in-laws. You can use this type of home addition to accommodate your aging parents, who may need you to look after them more closely.
What is a mother-in-law suite?
Mother-in-law suites are additional or separate living spaces located on the same property as a single-family home. These dwellings are also referred to as in-law suites, multigenerational suites, secondary suites, granny flats, and accessory dwelling units (ADUs). In-law suites can be attached to a home or detached.
Should you add an in-law suite to your property?
Adding an in-law suite to your property is an intriguing proposition. Going through with the home addition could be a great move for some homeowners. Then again, others may need to deal with the drawbacks more Find out if introducing an in-law suite to your property is a move you should make by reading on.
Can an in-law suite be a short-term rental?
Short- or long-term rental apartment: Since many in-law suites are fully equipped apartments, they make ideal rental apartments, which can bring in added income from long-term renters or short-term rentals on Airbnb. What鈥檚 the cost of an in-law apartment?