Traditional process:

1) Find an Architect to design plans -

Cost: $25,000 to $50,000

Time Frame - 2-6 months

2) Permits -

Cost: $4,000 - $10,000

Time Frame: 1 - 3 months

3) Set up Electricity and Water -

Cost: $2,000 - $5,000

Time Frame: 2 weeks

4) Find and Hire a Contractor -

Timeframe: 2 months

Cost $2,200 per square meter

Using high-end materials (same as what you get with a Custom Casita)

104 square meters x $2,200 = $228,800

Cost: $228,800

Timeframe: 2 months

5) Build time to complete -

Timeframe: 12 months

Total Timeframe: 19 months

Total Cost: $271,500

Custom Casita process:

1) Find an Architect to design plans:

It is already designed and engineered.

Cost: Included

Timeframe: 0 days

2) Permits:

The same permits have already been approved on other properties.

Cost: Included

Timeframe: 1 month

3) Set up Electricity and Water.

Cost: Included

Timeframe: 2 weeks

4) Build time to complete:

Timeframe: 5 months

Total Timeframe: 6 months

Total Cost: $189,000

*13 months faster and $82,500 less

*12 months of renting out at $200/night @ a 65% occupancy rate = $3,950/month or + $47,450 total.