1 Car Vs 2 Car Garage Home Value

This will likely up the resale value of your home by about 21 000 for an 81 percent return on your investment.

1 car vs 2 car garage 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. How much value a garage adds to your home varies. You ll be adding approximately 300 square feet of space. A basic attached garage will cost around 20 000.

In comparison the home with less to offer will suffer. 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. There are several other ways you can help recoup the cost of adding a garage. The cost to build a garage starts at 7 500 with most garages costing much more.

A new garage means increased home value. If you eventually sour on the garage and. Altogether property value will significantly increase once you build a custom size garage. Convert the 1 car garage into something else like a gym man room whatever and build a 2 or 3 car semi detached garage.

If you have friends over just park your car in the driveway for extra room. The basement we can do. 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.

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. The same standard applies to a home that has a one car garage when all those around it have two or three car garages.