There are several other ways you can help recoup the cost of adding a garage.
1 car vs 2 car garage home value.
The cost to build a garage starts at 7 500 with most garages costing much more.
A basic attached garage will cost around 20 000.
People will spend more for a sizable garage because they want space for motor vehicles and fun rides.
If you have friends over just park your car in the driveway for extra room.
You ll be adding approximately 300 square feet of space.
The basement we can do.
The true value of your garage addition is not recognized solely in the resale value of your home.
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.
On average expect to spend around 27 000 to build a garage.
A new garage means increased home value.
How much value a garage adds to your home varies.
Altogether property value will significantly increase once you build a custom size garage.
The detached garage is not an option.
Convert the 1 car garage into something else like a gym man room whatever and build a 2 or 3 car semi detached garage.
In comparison the home with less to offer will suffer.
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 same standard applies to a home that has a one car garage when all those around it have two or three car garages.
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.
Depending on many factors homeowners can expect to see about an 80 return on their investment in relation to home value.