By Living Room Realty, June 27, 2018
Today Portland announced that they will extend the waiver fee of the SDC charges for developing an ADU, but with a significant twist. There will be an added covenant that the unit can no longer be used for Accessory Short Term Rentals (ASTR’s) for a period of 10 years. You can still use it for ASTR’s if you don’t mind paying the SDC’s, which typically come in around 15K+. The link to the full article is below.
Not to be missed in the statement is this:
“Additionally, due to the need to complete and record the restrictive covenant, it will be less likely that permits for ADUs can be approved over the counter in the Development Services Center.”
Plan on it taking another 2-4 weeks while the city reviews your design and plans.
This is a picture of my own ADU that I’ve been working on for 13 months. It’s been a journey of ups and downs to go through the process, and one I don’t take lightly. I think that the news today is great for the bulk of people who are interested in pursuing this flexible and valuable addition to their property. I do think that it’s also crucial to take into consideration your personal needs/goals, the homes location, its orientation on the lot and the street, and how that relates to the amount of capital its worth investing.
I love ADU’s, and I love talking about ADU’s. Please feel free to reach out if you are interested in discussing purchasing a home to add an ADU, or if you just need some assistance. I’m always happy to be a resource.
Please note this information is only current 6/28/2018, please check the most up to date information for yourself.
https://www.portlandoregon.gov/bds/article/689356
