respondents in Denver supported the accommodation of accessory dwelling units, or ADUs — these are accessory apartments or secondary suites and are sometimes called granny flats.
Sixty-three percent supported permitting duplexes and triplexes. Almost 80% of respondents back either ADUs or duplexes and triplexes. Prices in Denver’s housing market are skyrocketing, pushed up in no small part by a limited supply of dwellings. The median closing price for a residential home stood at $602,750 in March – the highest number on record, the Denver Metro Association of Realtors reported. With the rising costs comes a shift in homeowner mindsets, who appear to be more accepting of having multi-family units in their neighborhoods.
Some of the city’s neighborhoods, including downtown and Capitol Hill, have already embraced the need for more housing by converting historic buildings and mansions into apartments. For instance, Midland Lofts at 444 17th St in downtown’s Central Business District used to house one of the state’s largestStill, the lack of cost-effective housing options is felt nationwide, with a
Look at what other states are doing with modern ADU laws. Rethink what’s possible. Catch up.
What other choices do Denverites have?