The much discussed tariff impact has been fluctuating, but below are projections as published on April 23 by our California Association of Realtors economist Oscar Wei. The estimates were developed by the Oakland architecture firm of Baran Studios to project impact on building a 400 sq.ft Accessory Dwelling Unit, the size of a standard two-car garage. ADUs are being looked at by many of the fire zone victims to create initial temporary housing on their lots, as well as by many other property owners looking to creating one for extra income, or for other occupancy purposes.
The graphic below illustrates price increases for framing and woodwork to $39,220, electrical fixtures to $5350; doors and windows to $29,400; appliances to $10,500; plumbing to $5100; drywall and plaster to $10,400; custom cabinets to $26,500; trim to $5300. The overall increase for an ADU that before tariffs would be $427,570, to a current new total of $434,000. Keep in mind that for a new replacement house of 1400 sq.ft, the costs would of course be greater.
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| Estimated 5% Increase - Graphic |
I am happy to share information from the professional panels I attend or can obtain information from--if you have a specific question, I may be able to help you.
Julia Huntsman, REALTOR, Broker | http://www.abodes.realestate | 562-896-2609 | California Lic. #01188996
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