1 Car Vs 2 Car Garage Home Value

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.

1 car vs 2 car garage home value. If you have friends over just park your car in the driveway for extra room. On average expect to spend around 27 000 to build a garage. People will spend more for a sizable garage because they want space for motor vehicles and fun rides. You ll be adding approximately 300 square feet of space.

The true value of your garage addition is not recognized solely in the resale value of your home. 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. There are several other ways you can help recoup the cost of adding a garage. Depending on many factors homeowners can expect to see about an 80 return on their investment in relation to home value.

The same standard applies to a home that has a one car garage when all those around it have two or three car garages. 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. This will likely up the resale value of your home by about 21 000 for an 81 percent return on your investment. 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 basement we can do. A new garage means increased home value. In comparison the home with less to offer will suffer. The detached garage is not an option.

Altogether property value will significantly increase once you build a custom size garage. How much value a garage adds to your home varies. If you eventually sour on the garage and. A basic attached garage will cost around 20 000.