of the Housing Commission, along with city staff, include eliminating the rule that an ADU’s utilities must be connected to the primary structure, removing occupancy and bedroom limitations and loosening design requirements while allowing for larger units. They would be limited to backyards, and be capped at two stories. Only ADUs with floor areas larger than 800 square feet would be required to provide parking.
“There’s a million reasons why it makes sense to make [building ADUs] easier for San Antonians,” Bailey said. “They’re super low-impact, they don’t require any more infrastructure, they give renters the ability to live in a neighborhood. …. They provide, potentially, income to offset skyrocketing property taxes [and] they provide seniors an opportunity to age in place.”
It could be a way for real estate investors to squeeze as many units and profit out of a property without going through a re-zoning process, she said. “We should be aware that ADUs make properties more valuable,” Powell said. “We should be, from the beginning, creating policies to help protect existing low- and moderate-income homeowners from property speculation — but that’s not a force that will be created by ADUs, that force exists now.
“Now it’s all of a sudden controversial, and it’s sort of interrupting our other workflow,” Bailey said.
Source: Real Estate Daily Report (realestatedailyreport.net)
viviris This is eye-catching: “Last year, investors purchased 46% of all single-family homes in Bexar County, compared to just 11% in 2020, according to a recent report by the National Association of Realtors”.
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