Breaking down San Diego ADU costs in 2022: In this economy?

[@lomont6786]

She did an amazing job at explaing this. I'm sending this to a client. They went off a google search and when I presented them with a breakdown of the cost and a project schedule they couldn't understand the cost. I have long background in construction so its hard for me to put myself in their shoes and this video really helped.

[@FlorentineChristian]

Great video Caitlin! Very comprehensive breakdown of how to think about ADU construction costs.

[@MetalBum]

I don’t think ADU makes sense now at 8-10% interest rates to build or get a line of credit. Then the ADU costs double the cost. When you think 80k for an ADU it’s $160k. When you estimate $150k it ends up being near $300k It’s a blood bath when interest rates are this high.

[@kara5958]

800sq ft is gonna be closer to 325k. There is so much that goes into this. It’s mandatory to have solar now in San Diego, I know it looks flat but you will still be paying to move some earth. Even if these people can keep it below the high 200k that would be very builder grade, low ceilings (standard 8ft height which looks awful in small builds). It seems that passage to get back to ADU is gonna be a skinny pass on the side? We finished our ADU last year, 730sq ft and we spent around 325K all in. It’s been a winner for us, rented through to next year but it was a total hassle getting approvals and dealing with coastal commission. I would love to see the finished product when its completed.

[@Maxable]

Coastal commission adds some serious $$ and time to a project. Glad to hear it's rented and you've completed this!

[@trueheritageinspections6354]

Hi Kara, we have a property in OB (San Diego) which qualifies for ADU build but we’ve been having a heck of time finding designer/builder to help us get the job done. Would greatly appreciate any referrals or tips you may have. Thank you, Chris

[@aaron-dm2bw]

Everything is nutts - we just put in a pool, hardscape with built in BBQ and built in bench, new drainage and driveway with new walkway, landscape and string lights, and a safety fence - permits 7 months - pool was 75k with pebble tech (30x15 with 7 man spa and Baja entry). Total 220k. Thinking of converting a garage with another space on top - I’m guessing 300k. We’re in LA county.

[@Maxable]

Cost might be closer to $400K for an above garage. It'll depend on the current condition of the garage. We'd be happy to look into this for you in an ADU planning call! app.maxablespace.com/start/

[@sj3366]

This is an over-simplified scenario as no property tax and insurance were considered.

[@Cert_Study]

damn I'm never going to be able to buy an ADU. Might as well buy a second house an investment instead

[@unclefester6501]

And the renter is not in your backyard .

[@kdockrey]

Something that i dont see discussed enough in respect to ADUs is dealing with utility companies, specifically LADWP.

[@Maxable]

Excellent idea! We'll make sure to address this in a future video.

[@kdockrey]

@@Maxable LADWP slowed down my project by 9 months. Actually we are still waiting for LADWP.. .. We ended up renting an electric generator since LADWP could not manage to drop a temporary power pole. Of course, we are now waiting for LADWP to energize the permanent meter. We have no ETA. It might be a month or six months. After LADWP energizes the meter, then we will wait for the solar-ready meter... Also, homeowners may be in for a shocking price tag if a new power line needs to be installed meet the requirements of the existing structure and the ADU. The price tag can hit $100K in Los Angeles if LADWP has to run an underground power line to the property.

[@tylertran93nsx]

How much is the monthly payment for a place above the garage? Like 2 room, 1 bathroom, mini kitchen.

[@Maxable]

Pricing will vary based on location, but throughout San Diego, a 2/1 ADU like you described can likely earn $2,300-$3,300 per month

[@thebatmanvirus]

2k for 30 years is 720k nope nope 30 year debt no thank and having other kids pissing in my pool I pass 😑

[@__greg__]

Great info, ty 👍🏽

[@weifang3949]

What is about Sacramento area ? 900 SF 2 bed / 2 bath rental is $2200. It is not going to positive cash flow.

[@Maxable]

Hi Wei Fang! The cost to build in Sacramento will likely be lower than San Diego... but not by a huge margin. Keep in mind, while your mortgage will stay static, rental prices will not. We seen 60% increases in rent over the last decade. Plus, your property will continue to accrue value!

[@thaikhuongs]

hi Caitlyn, you're so inspirational. Question, I'm in the city of San Diego on Governor Dr single family house....I have a backyard of roughly 20ft wide and 60ft long, I'm a ware of 5 ft setbacks on each side, is this feasible to obtain permit for an ADU ? I want a 500 sq ft ADU. Thank you I hope to hear back!!!

[@Maxable]

Hello! Thanks for tuning in. A 500 sq ft ADU sounds possible, but it's hard to give a definitive answer without evaluating your property first. Setbacks requirements are 4 ft for side and rear so you have a bit more wiggle room. We highly recommend booking an ADU Planning Call so that one of our experts can take a look! app.maxablespace.com/start/

[@thaikhuongs]

@@Maxable is that 4 ft from the main wall or the eaves of the main house Building!???

[@ernestomytv]

300k at 7%=2100😢😮

[@Maxable]

The rates were much better when this video was filmed in 2022! Don't worry, they should be coming down soon...right?!

[@sparkev2356]

My ADU company went out of business and took my large deposit. Contact me and I can give you the details.

[@Maxable]

So sorry to hear that! Send us an email at [e-mail]