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Selling yard space

Impact to your Property Value

It goes down, but by much less than you might think. In fact, you are increasing your Net Worth.

Before home value

$955,000

Home Value Decrease

-$55,000

After Home Value

$900,000

Lose

5-10%

of property value by
selling yard space

Cash from Land Sale

$155,000

Net Worth Change

+ $100,000

Gain

15 – 20%

of your property value in cash from sale

*Illustrative example. Values and results will vary.

Numbers don’t lie

Home sale data shows us that 90%+ of home value is based on 2 factors:

1. Location

  • neighborhood
  • city
  • walkability
  • proximity to schools
  • transit, etc.

2. The Home

  • number of bedrooms
  • number of bathrooms
  • square footage
  • upgrades
  • fixtures, etc.

None of this changes when you sell land to Yardsworth

Grow your net worth with Yardsworth

By accessing the hidden value that has been trapped in your yard.

Keep your home

Keep your interest rate

Keep your mortgage

Keep your driveway

We build a new, small but luxurious backyard home or duplex.

Separate & private from your home, our homes add value to the other homes in the neighborhood and match the aesthetic & style of thecommunity.

Footprint: 20 x 40’ = 800 SQFT

Sell part of your backyard. Keep almost all your home’s value.

Get Started

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 is worth

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