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Tips For Adding Value To Your Property With A Garage Addition

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Garage additions are a great way to add value to your property. They provide extra space for parking or storage, but you can also turn them into livable spaces, such as home offices, studios, or guest rooms.

The average garage addition costs between $20,000 and $50,000. However, the value it adds to your property can be much greater. A well-done garage addition can increase your home’s value by as much as 20%. If you’re thinking of adding a garage addition to your home, here are some tips to help you get started:

1. Determine the purpose of the garage addition.

Will it be used for parking, storage, or living space? This will help you determine the size and layout of the addition. Depending on the purpose, you may also need to include additional features, such as electrical outlets or insulation.

Some additions require a permit from the city, so be sure to check with your local building department before starting any work. You want to avoid any penalties or fines that could come from not following the proper procedures.

2. Choose the correct location.

The location of the garage addition will impact its cost, as well as its aesthetics. If you’re adding an attached garage, it will need to be close to the existing house. This may require demolition work, which will add to the overall cost.

If you’re adding a detached garage, you have more flexibility with the location. But remember that an independent standing garage will likely cost more than an attached one. You can use it to increase your home’s curb appeal by choosing a location visible from the street.

3. Hire an experienced and qualified contractor.

This is not a project you want to DIY. A garage addition is a complex construction job that requires expertise and experience. Hiring a qualified contractor will help ensure the job is done right and that the addition meets all local building codes.

When selecting a contractor, be sure to get multiple bids and references. It would be best if you also asked to see examples of their previous work. Contractors will have different specialties in garage additions, so you want to be sure you’re choosing one that’s a good fit for your project.

You might also need to hire other specialists like garage door installation and floor coating specialists. They can help ensure your garage addition is complete and meets all your needs. Try to find specialists who have experience working together so the project can go smoothly.

4. Select suitable materials.

When building a garage, you have various options to choose from in terms of materials. The most common material is wood, but steel, concrete, or brick can also be used. Each option has its own set of benefits and drawbacks.

Wood is the most popular choice for garage additions because it’s relatively inexpensive and easy to work with. But it does require more maintenance than other materials and is more susceptible to fire and pests.

Steel is durable and low-maintenance, but it’s also more expensive than wood. On the other hand, concrete is strong and long-lasting, but it can be susceptible to cracking. Brick is a classic choice that adds curb appeal, but it’s also one of the most expensive options.

The best way to choose the right material for your garage addition is to consult your contractor. They can help you weigh the pros and cons of each option and choose the best one for adding value to your home.

5. Consider the costs.

In addition to the cost of materials and labor, there are other costs to consider when planning a garage addition. These include the cost of permits, inspections, and any necessary demolition work. If you’re adding an attached garage, you may also need to factor in the price of reinforcing the existing structure.

You can save money on your garage addition by doing some work yourself, like painting or installing the shelves. But be sure to consult with your contractor first to ensure it’s something you can handle.

You should also know that DIY garage work is not always eligible for insurance coverage. So if you’re planning to do the work yourself, check with your insurer first.

6. Think about the future.

When planning a garage addition, thinking about the future is essential. If you plan on selling your home in the next few years, you’ll want to ensure the addition will add value to your home. If you plan on staying in your home for the long term, you’ll want to ensure the addition meets your future needs.

Adding a garage to your home is a great way to increase its value. But there are a few things you need to keep in mind before starting the project. Be sure to consult with an experienced contractor, select suitable materials, and consider the cost of the addition. And most importantly, think about the future when planning your garage addition. By following these tips, you can ensure your garage addition will add value to your home.

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