He sold this ADU for $800,000

Описание: Visiting a finished ADU Condo that already sold for $800,000 - we talk to the lawyer who did the condoization / HOA regime as well as the owner who developed the property.

This was a 900 square foot single family home on an extra wide lot. The developer bought the property for somewhere around 600k and replaced the one small home with 2 side-by-side structures. A 2500 sq ft primary and an 1100 sq ft Accessory Dwelling Unit (ADU) with a 300 sq ft detached accessory structure (unconditioned) as flex space.

Then real estate attorney Julie Alexander set up a condominium regime so that the units could be sold separately. She's completed thousands of these HOAs for fewer than 5 units in Austin, Texas. You can learn more about Julie Alexander here: www.TexasCondoLaw.com

MORE RESOURCES:
🏠 Subscribe to this channel: https://www.youtube.com/c/HowToADU?su...
🏠 Video about AB 1033 (Ting) Separate Sale of ADUs:    • New ADU Condo Laws Explained (2024)  
🏠 Playlist about ADU rules:    • ADU Laws and Regulations - Local Ordinance...  
🏠 Julie Alexander, Austin Texas real estate attorney: www.TexasCondoLaw.com

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