How Much Value Does a Garage Add to Your House?

How Much Value Does a Garage Add to Your House?

Are you thinking about adding on a garage to your home?

A garage isn’t a luxury that everyone has, but building a garage is an excellent idea if you have the time and money to invest. Before you start meeting with contractors, you’re probably wondering, how much value does a garage add to a house?

This answer will vary for almost everyone, but a garage will do more for you to boost the resale value of your home.

Factors That Go into a Garage Door’s Value

The exact answer to the question, “How much value does a garage add to a house?” will vary depending on a lot of different factors, including the market in your area, where you live, and how you design your garage.

A garage could cost you almost $30,000, depending on how big you build your new garage, and the features you add. Experts predict that you’ll at least get about $21,000 back or about an 81 percent return on your investment.

Of course, this number could go up if you add a significant amount of space onto your home, or your home has one of the few garages in your area.

There are more benefits to adding a garage than boosting your resale value too. Some homebuyers won’t even look at homes that don’t have a garage, and not having one can ruin your chances of selling your home.

Top Reasons to Add a Garage to Your Home 

If you’re looking for more than resale value, you should still consider building a new garage onto your home. Here are three things a new garage can do for you:

  1. Extra Storage Space 

The main reason most people want a garage is more storage space. This extra space is crucial for resale value, especially if your home doesn’t have a lot of indoor storage space to begin with.

  1. More Than a Room for Your Car 

A garage doesn’t have to be a dark and dirty part of your home that only your car uses. Homeowners are now designing garages with a variety of different purposes, including entertaining.

A garage could double as a home office, a children’s playroom, or a place for your family to watch movies. The more creative you can get, the more money you’ll see in your pocket when it’s time to sell.

  1. Improve Curb Appeal 

The outside of your garage is as important as the inside. A beautiful garage and garage door can give your home nice curb appeal to potential buyers, or just to your neighbors in general.

It All Starts with a Beautiful Garage Door 

Now that you know the answer to the question “How much value does a garage add to a house?” it’s time to start the planning and design process.

A beautiful garage door is crucial to your design as it will serve as a focal point of your home. The door will be one of the first things a buyer sees when touring your home.

Check out our selection of beautiful residential garage doors and contact us today for more help throughout your design process.

 

 

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