1 Car Vs 2 Car Garage Home Value

If you have friends over just park your car in the driveway for extra room.

1 car vs 2 car garage home value.

You ll be adding approximately 300 square feet of space. The basement we can do. This will likely up the resale value of your home by about 21 000 for an 81 percent return on your investment. Altogether property value will significantly increase once you build a custom size garage.

The detached garage is not an option. While that s a solid sum of money when you consider that a garage will bump up the value of your home it makes financial sense. Convert the 1 car garage into something else like a gym man room whatever and build a 2 or 3 car semi detached garage. In comparison the home with less to offer will suffer.

How much value a garage adds to your home varies. Clever s concierge team can help you compare local agents and find the best expert for your search. For example if you build a 2 car garage or a 3 car garage then you will notice that more buyers will be requesting for a showing. The cost to build a 1 car garage is between 7 500 to 14 200 a 2 car garage costs 19 600 and 28 200 and a 3 car garage ranges from 28 200 to 42 700.

The true value of your garage addition is not recognized solely in the resale value of your home. There are several other ways you can help recoup the cost of adding a garage. A basic attached garage will cost around 20 000. A new garage means increased home value.

People will spend more for a sizable garage because they want space for motor vehicles and fun rides. The cost to build a garage starts at 7 500 with most garages costing much more. Depending on many factors homeowners can expect to see about an 80 return on their investment in relation to home value. If you eventually sour on the garage and.