How Much $ To Build A Garden Suite Or ADU? | Cost Per Square Foot | ADU Soft Costs and Hard Costs
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- Опубликовано: 19 июн 2024
- In this video, we’re going to discuss everyone’s favourite topic when it comes to building garden suites and accessory dwelling units, and that’s the cost of construction.
This is perhaps the biggest question we get from people interested in building these so in this video we cover what we paid for our 600-square-foot garden suite, and tell you many factors that will affect the cost to build.
0:00 - Intro
0:41 - Average Cost Per Square Foot
1:41 - Items to consider before estimating cost per square foot
3:28 - How much it cost us to build our 600 SF Garden Suite/ADU
6:59 - Outro
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Read the more detailed blog version of this video to get more info: 📚 👉www.suiteadditions.com/blog/2...
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IMPORTANT* This guide is intended for informational purposes only. DO NOT rely on the information in this guide for any real estate transactions. Since every property is unique, you must perform your own due diligence with the City and with a professional consultant. Suite Additions Inc., and its affiliates are not liable for any loss as a result of information you receive in this guide.
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Развлечения
Today I went to a contractor and got a quote of 275k in CT for an 800sqft one story year round livable ADU. That does NOT include permits, electrical, survey, tree clearing, septic, heating etc… overpriced and I will keep shopping around for quotes. My mom wants to live on my property. But damn that’s expensive. You can buy a house already at that price. I was hoping 200k tops.
That’s like 4 down payments for a house
I built a 712 sqft adu in Central Valley California. General contractor $112k with about $8k unexpected costs. Permits and city fees $6k. Plans were $3500. Just finished june 2023 and rented right away as a midterm rental for $2k utilities included. Will hope list for $2,200 in a couple of months. I’m a an almost divorced middle aged mom with young adult children still at home. You can do it too!Good luck to everyone
Hi.its good. They generally charging 300 $ persqft
hey man any way you can send me the plans im looking to bulid so,thing just like that !! please and thanks you
Thanks Andy! I converted my 200 sq ft garage into an ADU for $60K! The power of being a DIYer! I've posted a couple videos about my garage ADU transformation process, and plan to make a video with my cost details soon!
Thanks Andy for providing us with excellent information.
My pleasure!
Great Video! Thank you for sharing
Our pleasure!
Great info! Thank you!
Glad it was helpful!
Cost is a tough subject to tackle especially keeping it super simple. Great topic and thanks for sharing the information.
Thanks for watching!
What your doing is the future. BC is looking to make a province wide law to allow 4 plexus on all property, your heating cooling system is awesome in the background, I’m a plumber. Interesting on the modular, builds cost do you see any start ups looking to provide modular caring houses?. I worked making “park model” houses. 455sq ft. 14 ft max height 48 ft long aprox. 200 000 base out of factory. They didn’t quite make CMCH standard but we did a few custom for bare land. Park models go into RV park’s trailer parks little sibling. Do you fully 3D model and plan your builds? Amazing videos Ya so rad!
Thank you
You're welcome
Wow, costs have definitely gone up over the years. It’s not cost effective to build and rent out at all anymore.
Wow! At this cost, even if you get 1800 a month for this suite, you are at about 7% ROI, before the financing cost and assuming no major property tax and insurance changes. It is only an option if your child wants to live there forever and can take a mortgage for this, which I don't know if you can as it can not be sold separately.
This is a very good channel and I appreciate your professional content. However, i feel like this whole ADU thing is just another scheme that mostly benefits the builders with more work and city with additional tax income. $450 per sq is astronomically high given the fact that you can use similar amount of cash to purchase a new property that might not be as cashflow positive but definitely leaves more capital gains down the road.
Great video Andy, very informative! We are wondering total cost 270k is before tax or after? Does it include your PM fee?
It was after Tax, and didn't include my PM fee.
I was thinking of building the garden suite first so that I can live in it while the second story is being built on the existing main bungalow/ or even a full rebuild. Have you come across this before? Is this practical?
Yes phasing it like this may be a good strategy. We have not personally worked like that in the past, but might be good.
Is this before or after tax?
Great video. I am considering building a 500 square-foot unit on a slab foundation. Have you ever seen this or do you need a full foundation?
You can do a slab foundation if you get it engineered.
You can do a slab foundation if you get it engineered.
Would have been nice to cover a basement adu as well. I was shocked to get 4 quotes of $175-200k for a 800 sf basement apartment.
Thats a lot for a basement apartment
There’s no way that’s correct. Cost is HALF that.
@Shawn Arshad before I even start the actual basement; $20k for a walkout, $10k egress windows, $15k for splits and $15k for a spider furnace in te attic. I'm at $60k without even touching a kitchen, bathroom, electrical, fire grade drywall etc. My ceiling is at 6'1" and to code is 6'5" minimum. Only way to achieve that is to rip out the ductwork & put in splits. And if you do that you have to rip put the furnace & relocate that to the attic. Trust me, I've looked at every avenue with architects and contractors. Just wasted $6k on unusable plans!
What about a garden suite that shares the walkway between two homes. The walk way is about 4 feet. Is it possible to build in this type of setting? The backyard is large but the access to the yard is narrow.
Yes there is a 4 feet walkway
Would the cost be much higher since regular larger equipment cannot be used?
If it is shared in such a way that it's 2 feet on your property and 2 feet on the neighbour's property, it might depend on the jurisdiction whether that path is suitable.
@@paulacampbell-ce6sc Mini excavators can shrink down to 30 inches to get through, you should be OK, but there is a bit more labour involved unloading and staging materials etc.
of the 100k you paid the contractor, approximately how much do you think was left for himself after he paid all the subcontractors and labourers?
Hopefully enough to make a decent profit, and make it worth all the risk and stress of being a contractor.
Does it make sense financially to build garden suit by investing 3-600k for garden suit or making that amount a down payment and buy a new house?
Sorry tough to answer as it depends on your circumstances. Building on existing land is great for increased cash flow.
I don't get it. Others like Oasis Garden suites are building for around $400/sq ft.
458/sf for a shed lol. Only in Canada
Where is the city?
275k for an ADU, that seems a bit too much
Would your costs be Canadian or US dollars?
CAD
200k is enough to build a 750sf adu that's what i charge to clients
Amazing. Can we get your website?
Hi Rene. Can you contact me please
Contact info pls
Is this in U.S dollars?
Canadian
😱😱😱😱I buy my house new Neil billed for me in 2005 for $125,000. He has 3000 square-foot 8000 square-foot lot in the state of Washington two hours away from Seattle Washington.
Use that 275k to purchase a new house with 2 units. Don't waste that much money on a garden suite. Unless you can retrofit an old garage or shed for under 75k don't bother.
Depends on what your goals are. If you want to further leverage then yes you can buy another property. But if you want boost cash flow and increase existing property value, with less leverage then utilizing existing land for garden suite makes sense. Not a one size solution for everyone.
Your videos have great content and I watch most. Please stop playing music while your speaking, super annoying and not necessary.
Thx for the feedback
cost too much
Wow he paid full price on everything. I can do framing, insulation, roofing, plumbing finishing, electrical finishing, all drywall work and all other miscellaneous work myself on weekends and I guarantee u I'll get that shit done in under 50 k in about half a year 😂😂😂
"What he is the time added value"??
I don't know Mr. White Collar man....do u have a good calculator?? Or ya just looking for excuses because YOU paid full price. 😂😂😂😂😂
50k 🤣
You could just bought another house for that...😢
What a rip off