We look at ADU Costs in Portland and around the country with designer Lucas Gray, who has been designing custom ADUs for several years. Portland is a very mature market, so it's nice to look up there to see what we can learn about the costs of building an Accessory Dwelling Unit (ADU). Lucas Gray, from Modern ADU Plans, came on the show to talk shop and goes into the costs of ADUs, what homeowners can do to budget and control their ADU cost, and more.
If you are thinking of adding an ADU but are curious what sort of investment you will need to make, watch this interview to learn more about how much Accessory Dwelling Units cost and other tips on the design and construction process. It is important to compare the investment you make in creating an ADU with the return you will get through rental income, property value increases, and other benefits. ADUs aren’t cheap, but they are a great investment when you weight the costs and returns.
It is also important to consider that costs can cary greatly from place to place. California ADUs may cost a lot more than Portland ADUs or Texas ADUs, but with higher rental prices these projects often make sense in any location that they are allowed.