What do developers think of Austin's push for more granny flats, other code tweaks?
Riverside Homes has been building Accessory Dwelling Units, or ADU’s, in Austin for many years. They are one of the most affordable ways to build in Central Austin, but still cost more and take longer to build than they should for such a tiny home. The Austin Business Journal interviewed Scott Turner to find out why. (link, etc.)
Scott Turner, who owns Riverside Homes LLC and builds infill housing across Austin, said most ADUs are currently selling for at least $500,000 in the city, which he said could still be considered affordable in certain neighborhoods.
"Relative to other homes in the neighborhood, the ADU is always going to be less expensive than an existing home on an existing lot," Turner said. "And that's because you're paying for land that, frankly, a lot of people don't want anymore."