To calculate the ADU Cost (\(ADUc\)):
\[ ADUc = A \times PV \times 0.85 \]
Where:
An ADU cost is defined as the total cost to construct an accessory dwelling unit. These units are built on single-family lots but are separate from the main house. The cost of these units is typically 85% of the per square foot value of the property.
Let's assume the following values:
Using the formula:
\[ ADUc = 500 \times 100 \times 0.85 = 42500 \]
The ADU Cost is $42,500.
Let's assume the following values:
Using the formula:
\[ ADUc = 750 \times 120 \times 0.85 = 76500 \]
The ADU Cost is $76,500.