All About Building an Accessory Dwelling Unit with Tom Mulhern Pt 1

Accessory Dwelling Units (ADUs) are transforming family living as more people are building ADUs to care for parents or make space for grown kids.

If you’ve wondered about converting a garage, adding a modular unit, or starting fresh from the ground up, then tune into this episode! We discuss the real costs, challenges, and benefits of building an ADU. In this two-part episode, we are joined by expert Tom Mulhern, co-founder of AzADU, to explain the real costs, legislative changes, and why most ADUs are actually built for families and not as rental income. 

Key Takeaways:

  • ADUs Are More Than Instagram DIYs:  Reality TV and social media make ADUs look easy, but there are a multitude of complexities including permitting, plumbing, electrical, and zoning. Building an ADU is a significant undertaking that requires understanding local ordinances and construction realities.

  • Family First, Rentals Second:  Contrary to media hype, most ADUs are built for multi-generational living, not rental income. Rising costs have families consolidating, using ADUs to keep loved ones close and reduce housing costs, while also freeing up larger homes for sale in the market.

  • Cost Factors Go Beyond Size:  Building an ADU is expensive on a per-square-foot basis, but compared to buying a full home in central locations, it can be an affordable alternative. ADU costs are driven mostly by kitchens, bathrooms, and utility connections. Modular and container homes aren’t always cheaper, given site prep, sanitation, and retrofitting requirements. 

Be sure to catch part two of this episode where we’ll talk financing and more strategies for unconventional investing as we dive deeper into the cost breakdown, financing options, and rental income potential for ADUs.

Contact Tom Mulhern at AzADU: https://www.az-adu.com/

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Time Stamps

00:00 Welcome and Setup

00:27 Meet the ADU Expert

02:03 A-Z ADU Business Model

03:25 Plans and Orientation Options

04:41 What Counts as an ADU

05:55 Arizona ADU Laws Explained

08:10 Family Use vs Rentals

10:58 Attached vs Detached and Lot Rules

13:04 City Pushback HOAs and Restrictions

16:26 Costs Timelines and Alternatives

21:22 Pricing Site Costs and Permits

25:06 Part One Wrap and Next Steps

Disclaimer: The information provided in this podcast is for general informational purposes only and should not be construed as professional financial advice. Always consult with a qualified financial advisor or professional before making any financial decisions. The hosts and guests of this podcast are not responsible for any actions taken based on the information presented.

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Building an Accessory Dwelling Unit w Tom Mulhern Part 2

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