How Will Making a Room in My Garage Affect My Home Value?

Whether your house is small or big, it does not matter, a house is a house. But it may need another room for one of her children, or maybe her husband needs a room that serves as an office. Whatever the reason, building an extra room in your garage can be a tempting option. But before you start a garage makeover, think about how it will affect the value of your home. You may also not want to keep your current home forever as your family grows, and you will need a more spacious home.

Ground Floor Plan

The design and setup of the floor can make the difference if converting your garage increases your home’s value. According to MSN Real Estate, a reduced floor plan that is not open and spacious can reduce the value of a home by up to 25%. At first, some home buyers may go crazy about buying a house with a converted garage, until they see the conversion go smoothly, with a new modern kitchen, or a spacious living room filled with large windows.

Space For Parking

Giving up garage space can reduce the value of your home if it is done in an area where parking is scarce. According to MSN Real Estate, a one-car garage on a small house can add 5 thousand dollars to the value of the house. If the conversion is made in an area where there is still plenty of space for owners to park off-street, the value of the house could increase by 6% or more, even in a smaller garage. But if a garage becomes an area where parking space is significant, like Washington, D.C., it will lose the house’s value by losing the garage. If you have a small house and you only convert part of the garage into a room, leaving another part for a car, you won’t lose as much value.

Separate Garages

You can also convert your separate garages but only in case if you make positive and beautiful changes. Separate garage makeover can be converted into guest rooms so that relatives and friends can stay and keep their privacy. If you are going to convert separate garages, you are advised to add a covered walkway between the garage and house. A covered walkway will allow people to access the main house without facing the rain or other weather problems. These kinds of little touches can add value to the home.

Up To The Code

Do care about home regulations otherwise, and you are only making your house invaluable. Home buyers worry about codes and don’t want to be forced to do their renovations after they move in, and may even require proof that the renovation meets safety codes before buying the house. In Garage makeover, if you are only converting part of the garage into a room, you will need to make sure that the wall between the room and the garage complies with fire prevention codes. These codes include precisely how windows and doors should be placed in the rooms and the type of insulation required.

If you are ready to speak to an expert about your garage makeover contact GAMCO Remodeling at 1-631-587-2266.