So they “built” an ADU in a day … after the plumbing, power installed and slab was poured, and all the walls are prefab from their location. That’s not “a day”.
I did mine for $40K back in 2014. 380 square-ft and it was built above my garage where an old deck once existed and then tied it into an existing bedroom, so that helped save a lot of $$. Plus I had a friend do the framing and found other contractors that needed side work. I did the doors, baseboards and cabinet installs myself as well as the finish plumbing. The best investment I ever did besides buying real estate over 20 years ago. That 380 sq-ft rents as an Airbnb for $2800 a month. My friend who did my framing built his own ADU this year. It's detached and 580 Sq-ft. He did a lot of the work himself and/or had friends help him with painting, electrical, plumbing, etc. He said it costed him about $80k.
It's a first step to solutions. What is really needed is 400-600 s.f. on half acre for less than 100k. Until goverment eases up draconian restrictions much of what is needed will not happen.
@@GalacticTradingPostgarages and detached buildings do not count towards the homes sq ft. The sqft of the main home will always get the highest price per sqft. An Adu or guest house or garage does not count towards that and adds a lower amount to the value of the property than the main structure. At $230k total you’d be lucky to get $3k a month rent and with the increased property expenses (utilities, insurance, prop tax) it would take more than 10 years to recoup that investment. So you’d spend $230 k and it would take ten years to get that money back. If you put $230k in the bank at 5% CD/savings rate you would waste a penny and would be getting insured returns and your total amount would increase to about $380k after ten years. It seems like a better investment to just keep the money in the bank. Now if someone is doing a loan to do this that adds a big risk but could work…
@@mattm7377 Finished, insulated, and permitted indoor space will count. I've seen ADUs both detached and attached counted as square footage before. You're thinking unpermitted DIY project which absolutely do not count. Basements, glass rooms, decks with walls and roof, attics don't count either.
Why would you save a week in framing and have it classified as prefabricated and cut it up to fit. Not worth it. Top level ADU builders with over 20 years of experience. In my humble opinion. Not worth it.