1 Car Vs 2 Car Garage Home Value

Altogether property value will significantly increase once you build a custom size garage.

1 car vs 2 car garage home value.

Convert the 1 car garage into something else like a gym man room whatever and build a 2 or 3 car semi detached garage. Clever s concierge team can help you compare local agents and find the best expert for your search. 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. You ll be adding approximately 300 square feet of space.

The basement we can do. The detached garage is not an option. 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. If you eventually sour on the garage and.

If you have friends over just park your car in the driveway for extra room. People will spend more for a sizable garage because they want space for motor vehicles and fun rides. Cost to expand a one car to a two car garage expanding a one car garage to fit two cars costs 12 000 to 21 000. In comparison the home with less to offer will suffer.

A new garage means increased home value. 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. The true value of your garage addition is not recognized solely in the resale value of your home. Depending on many factors homeowners can expect to see about an 80 return on their investment in relation to home value.

The cost to build a garage starts at 7 500 with most garages costing much more. How much value a garage adds to your home varies. A basic attached garage will cost around 20 000. This will likely up the resale value of your home by about 21 000 for an 81 percent return on your investment.