1 Car Vs 2 Car Garage Home Value

Depending on many factors homeowners can expect to see about an 80 return on their investment in relation to home value.

1 car vs 2 car garage home value.

The basement we can do. Convert the 1 car garage into something else like a gym man room whatever and build a 2 or 3 car semi detached garage. 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. A new garage means increased home value.

In comparison the home with less to offer will suffer. The same standard applies to a home that has a one car garage when all those around it have two or three car garages. A basic attached garage will cost around 20 000. If you eventually sour on the garage and.

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 true value of your garage addition is not recognized solely in the resale value of your home. You ll be adding approximately 300 square feet of space. There are several other ways you can help recoup the cost of adding a garage.

How much value a garage adds to your home varies. 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. People will spend more for a sizable garage because they want space for motor vehicles and fun rides. On average expect to spend around 27 000 to build a 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. This will likely up the resale value of your home by about 21 000 for an 81 percent return on your investment. Clever s concierge team can help you compare local agents and find the best expert for your search.