By Bobby Curtis, February 13, 2020
Bobby Curtis was back on KATU’s Afternoon Live to discuss adding Accessory Dwelling Units (ADU’s) or fully functional separate living spaces to your current property. It’s pretty hot in Portland right now, but is it for you? Click to watch the short interview here Or skip right to the highlights below.
What need does an ADU fulfill?
1. More housing in Portland.
2. Extra income for the home owner to help pay mortgage.
3. Multi-generational living on one property
Quick facts
1. Cost: $125k-$250k with permits, materials, labor, and utilities.
2. Going rents for new ADU’s are $1000-$1500/mo
3. They can be separate units- all new construction, converting an existing structure like a garage or even a basement.
Check with your city inspectors about ADU requirements
1. To see what type of permit is required if you want to use it as a short term rental
2. There are parameters ADU’s must meet – Example in Portland it can be no bigger than 800 SF or 75% of the SF of the primary house.
Things to consider with additional dwelling units on your property
1. New tax scenario for your property
2. Whether having tenants, short term or long term will work for you
3. Losing yard space or basement
Bobby Curtis
Principal Broker | OR
He/Him
Meet Bobby Curtis. Buying agent. Listing agent. Renovator.
A down-to-earth Midwesterner, Bobby graduated from the University of Michigan, and headed to Portland in 2004. He began a career in the pharmaceutical industry focusing on sales, marketing, and consulting. In those five years, he was even lucky enough to roam around Europe for short assignment in Switzerland. When he came back to Portland he took some time to discover what he was really interested in. Homes. More specifically, architecture, restoration, and entrepreneurship. After getting his real estate license in 2011, he purchased his first house in Portland to restore, redesign, then sell. Bobby rolled up his sleeves and started in on what would become his real career interest – transforming distressed houses into stand out homes by discovering the beauty of each unique property. Since that time Bobby has bought and restored several houses each year in Portland, both large and small, with great success. Armed with extensive first-hand knowledge of restoration, Bobby offers his clients an exceptional eye to pinpoint property potential and value. Whether you are searching for a complete fixer property, or a shining, buttoned-up stunner, he is skilled and enjoys guiding clients through the process of finding the perfect place. If you are selling your home or investment property, Bobby showcases his clients homes like he was selling his own. That kind of attention to detail will present all of the property’s best features. It's because he has bought and sold properties of his own each year, that he better understands what it’s like to be in his clients shoes, and to navigate through the current real estate market. As an experienced broker and professional, Bobby is able to negotiate the best price and terms for his clients. If you’re looking to get a sneak peak of Bobby in action, you can watch him on an episode of First Time Flippers on the DIY Network, where he helped his mom flip her first house. Or you can catch him on KATU’s Afternoon Live daytime talk show once a month, discussing Portland Real Estate and House Restoration. Check it out here Contact Bobby at: 503-502-3066 bobby@livingroomre.com Licensed Contractor #215071- T: 503-502-3066
- bobby@livingroomre.com
