What are Urban Infills?
Since early 2020, California has enacted numerous legislative measures to promote housing densification and empower urban homeowners to expand their properties with additional units.
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Urban Infills allow single-family homeowners the opportunity to allocate a designated portion of their property for various purposes, such as constructing an additional home, Accessory Dwelling Units, or even subdividing it to accommodate the needs of future generations.
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Imagine converting your garage to a brand-new two-story house. Or adding an extra unit in your backyard, which you could then rent out and save on your mortgage. Your new unit would also increase the overall value of your property.,Urban Infills are the best “home-owner-hack” - immediately turning you into a savvy real estate developer, and providing you the opportunity for extra income.
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And here's the exciting part: you can eventually have two brand-new homes on a single lot, creating a rental opportunity or, the potential to subdivide your lot and sell just one home. ,Over time, the accrued equity and positive cash flow from your new property venture can provide the financial support needed to further enhance your existing home.,The opportunities to utilize your own property to increase your portfolio are endless.
What is the Process?
Evaluate Feasibility
Start from reviewing if it is financially feasible to add density on your lot, once Layouts issues the initial report, feel free to review it with other professional to assess our assumption.
Design your Lot
Layouts will properly design your project to fit your lot size in addition to your expectations and financial budget in realizing your dreams.
Documents
Prepare all required documents for approval as owner builder and submit it to the local jurisdiction for approval.
Build and Enjoy!
Select your builder and construction team, and hit the ground running to get your dreams come true!
Want to learn more?
Interested in exploring possibilities? Schedule a virtual coffee meeting with us here: