backyard homes
built Better
Plan. Design. Permit. Build.
Garagify Is Your End-To-End
Design and Build Partner.
backyard homes
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Backyard Homes
Built Better
Plan. Design. Permit Build.
Garagify Is Your End-To-End
Design and Build Partner.
Make money while you sleep
Make money while you sleep
A backyard home can help you capitalize on your property to build wealth and secure your financial future.
A backyard home can help you capitalize on your property to build wealth and secure your financial future.
Pay Down Your Mortgage Faster
Earn Steady Income During Retirement
Increase Your Property Value By Up To 50%
Lower Expenses By Housing With Family
Why Garagify?
Why Garagify?
Beyond being a trusted name in the industry for over 15 years, working with us offers these advantages.
Beyond being a trusted name in the industry for over 15 years, working with us offers these advantages.
We’re On Your Side
As a trusted ally, we’re in your corner, looking
out for your interests, working on your behalf
during every stage of the project.
out for your interests, working on your behalf
during every stage of the project.
one point of contact
All communication flows through your
dedicated project manager (PM), who knows
your project inside and out.
dedicated project manager (PM), who knows
your project inside and out.
Pricing You Can Count On
We design your backyard home to align with
your budget. Therefore, any risks of running
out of money are radically reduced.
your budget. Therefore, any risks of running
out of money are radically reduced.
We Build From The Ground Up
We don’t pre-fabricate homes. Garage
conversion? New build? We can do both, and
match your existing architectural style.
conversion? New build? We can do both, and
match your existing architectural style.
Success Stories
MONTHLY INCOME
N/A
TIMEFRAME
In Progress
Andrea disabled adult son qualified for 24-hour care if he had a place of his own. She decided to build an ADU, instead of renting an apartment to avoid annual rent increases.
MONTHLY INCOME
$2,100
TIMEFRAME
17 months
Stephanie was new to real estate investing and wanted a less risky way of generating passive income than fixing and flipping houses. When she learned that she could make money from the property she already owns, she realized building a backyard home was for her.
MONTHLY INCOME
N/A
TIMEFRAME
In Progress
Even though Kathy has done everything right to prepare for retirement, she wanted to further secure her financial future by investing in real estate that would generate a passive income.
frequently asked questions
A residential unit that can be added to a lot with a single or multifamily home. While they are officially called accessory dwelling units or ADUs, we prefer to call them backyard homes.
Garagify works in the Greater Los Angeles area.
Building a backyard home is a great way to increase the value of your property and generate passive recurring income to:
- Payoff debt – Use the extra money to knock out your balances.
- Retire comfortably – Enjoy the rest of your life on your own terms.
- Diversify your portfolio – Achieve your financial goals by investing in your future.
- Support your family – Secure your family’s financial future.
Everyone’s situation is different. So, our lending partners align your specific needs with the backyard home financing option that is best for you.
- Shared Appreciation Loan
- Savings
- Cash out Refinance
- Home Equity Loan
- Home Equity Line of Credit
- Construction Loan
- Personal Loan
Yes, but not as much as you may be thinking. The City determines the costs associated with building the backyard home (note this will most likely differ from our bid). This information is forwarded to the tax assessor who then increases the value of your property based on the cost information received from the City. For example, if the City indicates that the value of the construction is $100,000, the tax assessor will add that to your original property value.
Let’s say you purchased your home for $750,000, your property tax will only increase based on the City’s value of the cost of the improvements, $100,000. At 1.1% of this cost, your property taxes will only increase a few hundred dollars more per year, which is way less than the rental income you’ll receive.
