Construction Rates, ADUS, and Zoning

Supply vs. demand drives the Portland real estate market. Increased zoning density, ADU opportunities, and new home construction rates can create more supply or their lack can indicate a shortage.

portland homes with adu sell for more

Portland Homes with ADUs Sell for 8% More – 2022 Report

November 26, 2021

When most people think of adding an ADU to their property, they immediately think of rental income potential. Or maybe they simply want extra living quarters for a family member or for frequent guests. While having the ability to add more space and generate income is a bonus, did you know that having an ADU on your property also increases future resale potential an adds value to your overall property? Finding a Home for Sale with Additional Living Quarters is Easier than Ever Thanks to our patent-pending technology, Portlanders can search for homes that have ADUs on a dynamic real estate map. Our software indexes every word written about every property for sale in our local MLS, RMLS, and then...


portland new home construction

Portland New Home Construction Up or Down by the End of 2021?

September 27, 2021

2020 marked a noticeable drop in residential construction in the Portland Metro area due to the pandemic. In 2021, not much has changed. In fact, we’re seeing a marked slump in new home construction, despite recently passed, truly historic, higher density zoning rules in Portland. Let’s see how the Rose City is faring so far this year. This city of Portland website shows the numbers of issued, under review, and finaled (building has been completed) new home construction permits in Portland, Oregon. Let’s compare Portland’s 2021’s new home construction numbers to date with the past six years. 2015 931 2016 980 2017 917 2018 967 2019 697 2020 500 2021 571 Portland New Home Construction Permits Issued by Year As...


portland adu guide

Portland ADU Guide, 2022. Two Per Lot and Less Restrictions

September 24, 2021

Now that Accessory Dwelling Units (ADUs) are allowed in every city in Oregon, Portland will likely see an influx of home additions and new ADU construction, especially with the passing of the city’s Residential Infill Project (RIP) that went into effect this August 2021. If you’ve been toying with the idea of adding an ADU to your property, the new ADU guidelines will make it easier than ever before. Use the link to see the new 2021 official ADU rules. It is only six pages long, but packed with all the necessary information to get started. Additional Dwelling Units can enable you house a family member or make steady passive income, and you’ll also help manage Portland’s density problem. Two...


portland real estate density infill

A 6,000 Square Foot, 35 Foot High, Six-Plex can be built next to Your Portland Home.

September 13, 2021

The Portland residential infill project is now live. The high density Portland plan went into effect August 1st, 2021. Initial public comments on the revolutionary, highly contested plan exceeded 15,000. The details of the plan are so extensive, the City of Portland has assigned a dedicated phone number and email for it, and the RIP PDF manual is nearly 300 pages long. Portland Residential Infill Project Map Most of Portland city proper is affected by the RIP plan and most areas will allow a 6,000 sq. ft. Six-plex to be built next to your Portland home. These huge buildings won’t be restricted to busy streets or street corners. One can expect to see them pop up next to any home...


portland housing supply forecast

Portland Housing Supply: Here’s What the Future Looks Like

July 5, 2021

All year we’ve been covering the big real estate story of the pandemic: the lack of single family homes. With inventory at an all time low, and demand through the roof, it’s only a matter of time before buyers begin considering other options – not to mention developers. Now, the current situation in Portland’s housing supply can be at least partly explained by the pandemic. But with no sign of demand abating, we can also assume that the need for more homes won’t go anywhere anytime soon. Given these conditions, then, what does the future of Portland’s housing supply look like? In the long term, how will single family homes fare versus multiple unit dwellings? What about owners versus renters?...


new construction rates portland

New Home Construction Dropped in Portland 2020, Will it Recover in 2021?

November 2, 2020

Like everything else this in 2020, new construction in Portland was hit by the pandemic, but signs are already pointing to a healthy recovery in 2021.  To understand what’s going on with the new construction market, let’s take a look at new construction permits that have been issued, under review, and finaled (meaning the building was completed) in Portland, and compare those to previous years.  Here are the new residential construction permit numbers for the first nine months of 2020, direct from the City of Portland database. So far this year: 540 new residential construction permits have been issued 294 are under review 714 have been finaled As you can see from the chart below, 2020 will be a five-year...


additional dwelling units ADU portland

Portland ADU, Additional Dwelling Unit Guide 2021

October 16, 2020

Accessory Dwelling Units, or ADUs, are a popular form of housing in Portland. They can be created in a variety of spaces, from a converted garage or basement to a new structure in the backyard. For some homeowners, they’re the secret to home affordability in the metro area, while for others, they create a vital space for a family member or aging in place.  Whatever the case, the good news is that ADUs are now allowed in every city in Oregon. In this article, we’ll dive into the types of ADUs we typically see in and around the Portland metro area, how you can use them, and what the regulations are for the different cities and counties that make up...


basement adus portland oregon

Basement ADUs: 2020 Portland Guide

February 28, 2020

For many Portland homeowners, having an Accessory Dwelling Unit might be the ticket to affordability, renting out a second unit on your property. Or, an ADU might allow you to take care of an aging relative, or simply create housing out of what was unused space.  Most people think of a backyard cottage when they think of an ADU, but in fact, many Portland homeowners have legal ADU potential right under their feet: in the basement! Now that Portland has updated its zoning rules to allow for ADUs on most city lots, 2020 may be your year to build a basement ADU. But before you start picking out wall colors and furnishings, there are four essential questions you must ask...


portland real estate zoning changes

The End of Portland Single Family Zoning

September 30, 2019

In late June, 2019, the Oregon State Legislature passed a bill that requires cities to allow homeowners and real estate developers to add housing units where the demand is highest. How does this affect the zoning changes already developed by Portland’s Residential Infill project? And how will it affect the look and feel of Portland neighborhoods? HB 2001 and Portland Real Estate The new bill, HB 2001, requires Oregon cities of more than 10,000 to allow “missing middle” housing types to be built in all residential zones. In other words, it eliminates single-family-only housing zones, mandating that cities permit duplexes, triplexes, fourplexes and additional accessory dwelling units to also be built in these zones.  This new law affects Portland as...


portland basement adu

Basement ADUs in Portland, 10 Things to Know

July 26, 2019

How many unfinished basements are there in Portland? As a top local Portland real estate agent, I can say with confidence – thousands! Many of those are perfect candidates for a basement ADU. Accessory Dwelling Units are of interest to Portland home buyers and home owners alike because of their potential to offset the high costs of owning a home in Portland. With the trend toward rezoning vast areas of the city to allow for higher density housing, the ADU option is looking better than ever before.  Those without big backyards in which to build the traditional stand alone ADU can still participate. ADUs inside the home, built in an attic over a garage, or down in the basement are...