A detached Additional Dwelling Unit is the most flexible path to passive income. You can design the structure to fit your specific needs with very few boundaries. Most building departments have ADU size limits (50% of main home up to 1,200 SF) and lot coverage maximums. But aside from size, a detached Additional Dwelling Unit can provide you with the ADA space needed for mom or rental income from tenants.
Detached ADUs require all of the same site preparation as do new built custom homes. Bringing water, sewer, gas and electrical to a building can be quite costly depending on how far from these services the new building will be located. Other costs that are not apart of an ADU conversion are wall and roof framing, siding, and roofing. All of these items make detached ADUs more costly that garage or barn conversions.
People like to ask, “What is the price per square foot when you are building an Additional Dwelling Unit.” Honestly, that is a questions we just can not answer. And upon receiving their Rough Construction Estimate, most clients do the math and are blown away by their SF cost. Additional dwelling units have kitchens and bathrooms just like a full sized house does, but it also has smaller bedrooms and living spaces. Kitchens and bathrooms are the most expensive part of any project regardless of the SF of the rest of the house. Running a water line to an 700 SF ADU is the same cost as running a water line to a 3000 SF house but the cost per SF on that water line is going to be drastically different.
Maximize your investment with a detached ADU
There is a fine line to walk when you are tying to maximize your investment and we can help guide you through that thought process. Many times you may be looking at spending X amount of money to get to one place and you do not realize that for a minimal amount of additional funds you could put yourself into an entirely different rental market.
Conversely you might be looking to put in finishes or design elements that are super cool, and expensive, but do not increase your rentability. Gannage Design & Construction can help guide you through all of these choices. Mikhail comes from a long line of realtors and developers and so is very in-tune with the market and can help ensure you get the most out of your investment. If you are interested in speaking with Gannage Design and Construction about building a detached Additional Dwelling Unit do not hesitate to call. Whether a place for mom or to earn passive income, ADUs are the way to go!