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A real life Yardsworth example

Los Angeles, CA

You come out ahead. Guaranteed.

What actually happens to the lot?

New property lines are drawn. Your back fence comes in 20-30 feet.

Original Lot
Lot Split
After

What is built on the new lot?

A beautiful, brand new, small home that should add value to all the properties in your neighborhood.

Frequently asked questions

What will be built on the land that I sell?

A new single-family home (or duplex) will be built.

How will this affect my property value?

Following the lot split, we generally expect the value of your existing property will decrease 5% to 10%. As part of the Yardsworth process, an independent appraisal is conducted to determine your home’s new value. Learn more here.

Why have I never heard of this before?

Because it wasn’t possible until now. Senate Bill 9 (SB9) – also known as the California H.O.M.E. Act – was signed into state law in 2022, giving homeowners the ability to split off and sell backyard land (in order to create much-needed housing). Here is a great overview from the California Senate.

Is this an alternative to building an ADU?

Yes. It can take up to 18 months and $150,000+ to get an ADU built in your backyard. ADUs typically require taking out additional financing on your home. This means even if you get $2,000 per month in rent, you’re only walking away with $1,000 in (taxable) income after paying off your loan, maintenance & management costs, etc. With Yardsworth, you can get up to 15 years of rent in 1 lump sum (tax-free) payment without any of the hassle. Best of all, you’d be giving up about the same amount of land.

Is this an alternative to a Home Equity Line of Credit (HELOC) or 2nd mortgage?

Yes. In fact, we discourage you from taking out additional debt on your home, particularly in this sky-high interest rate environment. Yardsworth is a debt-free alternative to HELOC / home equity loans. Instead of adding to your monthly debt burden, Yardsworth offers a 6-figure lump sum to buy a portion of your underused backyard.

Find out what your Yard’s Worth

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Debt-free access to home equity starts here

Call us

(310) 905-6827
9:00 AM to 7:00 PM PT

Location

Los Angeles, CA