The Benefits of Building a Guest Home: A Smart Investment for Aging Parents

Adding a guest home to your property is a significant investment, especially if you’re seeking a solution for aging parents. With over 50% of our clients opting for this route, it’s clear that a guest home provides numerous advantages over traditional senior living facilities. In this article, we’ll address common questions and offer essential information to help you make an informed decision.
Do Our Partners Build Outside of Arizona?
Our partners specialize in building within a 20-30 mile radius of Phoenix, Arizona. If your project lies outside this area, they can still assist by designing and drafting a comprehensive plan set, including engineering. They manage lot surveying, civil engineering, grading and drainage plans, and oversee the permitting process to deliver fully approved plans. This thorough approach ensures that your guest home complies with all local regulations and standards, providing a seamless experience from start to finish.
How Much Does It Cost?
One of the most frequently asked questions revolves around the cost of building a guest home. Our partners offer transparent pricing details online, with the base price encompassing plans, engineering, permits, construction, and interior finishes. It’s important to consider additional expenses for utility connections—such as electrical, water, and sewer—which can vary based on location. This transparency enables you to budget effectively and avoid unexpected costs.
How Long Does the Building Process Take?
Time is a critical factor in any construction project. The entire process of building a guest home with our partners typically spans 7-8 months. This timeframe includes planning, engineering, permitting (which takes about half this time), and construction. With proper planning and efficient execution, your guest home will be built to the highest standards without unnecessary delays.
Is This Prefabricated Construction?
Quality and durability are paramount when building a guest home. Unlike prefabricated construction, all units from our partners are 100% site-built using traditional construction methods. This approach guarantees a higher level of craftsmanship and customization, ensuring that your guest home is not only functional but also aesthetically pleasing and long-lasting.
Can You Finance These Projects?
Financing can be a concern for many homeowners. Yes, financing is available for the site-built guest homes from our partners. While they don’t provide in-house financing, they work with a preferred lender experienced with their clients. Alternatively, you can choose any lender that suits your financial needs. This flexibility allows you to select the best financing option, making the dream of building a guest home more accessible.
Can I Customize These Units?
Personalization is essential for making a house feel like home. While our partners aren’t custom home builders, they do offer a degree of customization. Their in-house drafter can make modifications for a fee, which covers the drafting of new architectural plans and necessary structural engineering. This service ensures your guest home meets your specific needs and preferences, creating a comfortable and personalized living space.
Conclusion
Building a guest home on your property is a wise investment that provides numerous benefits, particularly for those seeking a better living solution for aging parents. By partnering with our expert builders, you can ensure a seamless, cost-effective, and customized experience. From transparent pricing and efficient timelines to high-quality site-built construction and flexible financing options, our partners are dedicated to helping you create the perfect guest home.
If you’re ready to explore the possibilities of adding a guest home to your property, contact us today to embark on this exciting journey. Your dream guest home, built right where you are, is just a few steps away!
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About the Author
Eric Ravenscroft is a Top 1% REALTOR® across North America and one of Arizona’s most trusted real estate strategists. With 15 years of experience spanning real estate, wealth management, and investment planning, he helps clients make smarter, financially grounded decisions, from new construction and relocations to STR investments, 1031 exchanges, and long-term portfolio strategy.
Eric’s expertise has earned him industry recognition, Elite status with Real Broker, and features in major publications including the Wall Street Journal, MarketWatch, MSN, and Morningstar. Clients across the Greater Phoenix Metro rely on his clarity, strategic insight, and results-driven guidance.
Ready to make a confident real estate move? Call or text Eric today.
