LOCAL NEWS

How backyard cottages could open up Seattle’s housing market

Oct 4, 2018, 4:12 PM | Updated: 4:18 pm
For sale sign in front of a house...
(AP)
(AP)

Seattle City Council took a step closer toward legislation that would make “accessory dwelling units” easier to build, helping to offset mortgage costs for Seattle homeowners.

RELATED: Are we in another real estate bubble in Washington?

This comes hot on the heels of a study released by the City Council, evaluating “the potential environmental impacts of proposes changes to the City’s Land Use Code intended to remove barriers to the creation of accessory dwelling units (ADUs) in single-family zones.”

In layman’s terms, the city is looking to simplify and streamline the process for homeowners to build ADUs on their properties, known colloquially as backyard cottages or in-law units.

Homeowners would then be able to rent these units out, providing an additional source of income that could then be put toward anything from day-to-day living to mortgage payments. Alternatively, it also opens up more housing options for renters.

“We believe that backyard cottages will allow homeowners to increase the number and variety of housing choices in single-family zones,” said Councilmember Mike O’Brien in a press release announcing the release of the study.

Imagine buying a home with a mortgage outside of your price range, but being able to balance that out — or even completely cover the mortgage cost — by collecting rent from a backyard cottage. Opening up zoning requirements to make that easier is the goal for the City Council, touting it a small, creative fix to help offset Seattle’s ballooning housing market.

A planned bill would “remove some barriers to building ADUs, including changes to off-street parking rules, owner-occupancy requirements, and design standards.” The Seattle Times estimates that this would add approximately 2,500 ADUs in the next 10 years, and prevent 500 houses from being torn down to build “McMansions.”

Up until recently though, the City of Seattle has been charging an arm and a leg in zoning fees for anyone trying to build an ADU on their property.

A change that couldn’t have come soon enough for homeowners

“Most of the municipalities in the Pacific Northwest are in the fee-generating business,” noted KIRO Radio’s Ron Upshaw. “What this entire thing has been structured for up until this point is for them to collect fees.”

Hopefully, homeowners are about to see some relief once the City Council finally settles on new legislation.

Between this, and a promising report from Northwest Multiple Listing Service (MLS), it seems as though the local housing market could finally be softening for new buyers on a budget.

“In the South Sound the market has shifted into neutral and is idling at the moment,” Dick Beeson of RE/MAX Professionals said in the Northwest MLS report. He went on to point out how housing availability improved in Pierce and Thurston counties, “but nowhere near what King County has experienced.”

“Buyers are taking deep breaths as they survey this new territory,” said Beeson, claiming that potential buyers will soon see more homes available for sale for the first time in three years.

If homeowners are made able to both offset their own costs and provide additional housing to renters, that can only mean good things for anyone looking to buy in Seattle in the near future.

Local News

Police vehicle fire, Seattle protest...
KIRO Radio Newsdesk

Tacoma woman pleads guilty to setting 5 Seattle police vehicles on fire during 2020 protest

A 26-year-old Tacoma woman pleaded guilty on Tuesday to the burning of five police vehicles in May of 2020 in downtown Seattle.
16 hours ago
COVID misinformation...
Nick Bowman

State commission warns of discipline for doctors who grant vaccine exemptions without ‘legitimate’ reason

A state commission stressed its opposition to COVID-related misinformation last week, threatening discipline for physicians who help it spread.
16 hours ago
Battle Ground tornado...
KIRO Radio Newsdesk

Tornado touches down in Southern Washington on Monday evening

The National Weather Service confirmed today that a weak tornado touched down near Battle Ground, Washington, on Monday evening.
16 hours ago
robocalls...
KIRO Radio Newsdesk

Robocalls ‘are not going to go away’ even as new US law kicks in

New rules on robocalls kick in Tuesday, Sept. 28, but an advocate with WashPIRG says that doesn't mean the calls will stop entirely.
16 hours ago
clearview...
Andrew Scheinthal, KIRO 7 News

Deputies: Murder suspect shot in Snohomish County after multi agency investigation

Members of the King County-based Valley SWAT team opened fire in a Snohomish County parking lot Monday, while pursuing a murder suspect.
2 days ago
Seattle Mayor Jenny Durkan budget...
Hanna Scott

New budget from Seattle mayor spends big on affordable housing, boosts funds for public safety

In the final budget proposal of her administration, Seattle Mayor Jenny Durkan lays out spending for $190 million on affordable housing.
2 days ago

Sponsored Articles

...
IQ Air

How Poor Air Quality Is Affecting Our Future Athletes

You cannot control your child’s breathing environment 100% of the time, but you can make a huge impact.
...
Swedish Health Services

Special Coverage: National Prostate Cancer Awareness Month

There are a wide variety of treatment options available for men with prostate cancer. The most technologically advanced treatment option in the Northwest is Stereotactic Body Radiation Therapy using the CyberKnife platform.
...
Marysville Police Department

Police Opportunities in a Growing, Supportive Washington Community

Marysville PD is looking for both lateral and entry level officers. Begin or continue your career in law enforcement for a growing, supportive community.
Courtesy of JWatch Photography....
Experience Anacortes

Summer Fun Activities in Anacortes

With minimal travel time required and every activity under the sun, Anacortes is the perfect vacation spot for all ages.
...
By Alaska Airlines

Calling all football fans: follow Russell on the road

Take your Northwest spirit that we’re known for on the road this season with Alaska Airlines.
...
By Marysville Police Department

Police Opportunities in a Growing, Supportive Washington Community

Marysville PD is looking for lateral and entry level officers. Begin or continue your career in law enforcement for a growing, supportive community.
How backyard cottages could open up Seattle’s housing market