The Austin City Council voted Thursday to ease regulations for building garage apartments. I assume this will help investors in Austin, as the duplex market seems overinflated. Any thoughts or strategies from the BP community?
Best thing to come out of The City of Austin for infill builders in years. A couple highlights; instead of an 850SF cap on ADU's, the limit will be 15% of FAR. Means you can go bigger on ADU's on most eligible lots. And the square footage limitation on the lot drops from 7000SF to 5750SF. This will allow for many more housing units close in.
@Jon Klaus My understanding from listening to the meeting was that there is an additional 1100 sf cap on the units. Awesome either way. I am going to repermit one I had underway to get the additional sf. I think it is a great idea because it will create larger units which are more family friendly.
Only SF3 at this point.
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