Originally posted by @John A Murray:
That's what I'm talking about David. I mean, I see all these really beautiful interiors, these $200k ADU's, but what you've got is all most people need. There are so many inexpensive ways of doing things. I plan to have some cool space saving things such as a "Murphy" kitchen table, desk and bed. Additionally I will have multiple skylights, lot's of window area and one maybe two French/sliding doors. I'd like to have a cathedral ceiling (drywall right under the roof rafter) and a big ceiling fan. There are cool things you can do with a concrete floor,concrete counter tops and concrete shower. I will be the contractor and do some work by myself, no hurry, and I hope to keep it around $30k.
David what did you learn that you feel is important/not important?
Here's my two car garage:
Nice layout. It looks similar to mine. When I researched and saw that an ADU can cost up to 6 figures I was shocked. It all depends on the area. For my area it isn't worth going the extra mile or spending extra money for something big and luxurious. What area are you planning to build the adu?
What I learned what is most important is to know your market and the types of tenants these units will attract. What I mean by this is: do people look for luxurious apartments? Affordability? College students looking for a place? For my town tenants look at affordability and prefer the residential area over apartment structures.
Another thing that's important is to not go all out and spend money that you don't have too (for the purposes of a rental). The only time its worth spending extra money on materials that will be durable aka tenant resistant. It's good that your are going as owner builder because that's how you learn about the codes, estimating costs for future projects, and much more.