Which Adds More Value To A Home: The Garage Or The Extra Room?
One of the most common ways to increase the value of your home is to make improvements to it. But, when it comes to renovations, what should you prioritize? In this article, we’ll look at the differences between adding a garage and an extra bedroom to your home, as well as how they might affect the value of your home.
Most people prefer a garage to an extra bedroom when it comes to increasing the value of their home. This is because a garage provides additional storage space, which is always useful. Furthermore, many people discover that garage-to-bedroom conversions are poorly executed, and they frequently end up converting the space back to a garage. In our experience, roughly 90% of people who start with an extra bedroom end up converting it back into a garage.
Why a Garage is a Better Investment Than an Extra Room
There are several reasons why a garage is a better investment than an extra room. For starters, a garage provides valuable storage space for tools, lawn equipment, and other items. This additional space can be especially beneficial for families with small children who require a place to store toys and other belongings.
Second, a garage can be converted into a workshop or hobby space. This can be a great selling point for prospective buyers looking for extra space for their hobbies.
Finally, a garage can be converted into extra living space. This could be used as an additional bedroom, office, playroom, or anything else that would increase the value of the home. Generally, converting a garage into a living space is less expensive than adding an entirely new room to the house.
Overall, a garage outperforms an extra room in terms of increasing value because it provides valuable storage space, can be used as a workshop or hobby area, and can be easily converted into additional living space.
Finally, whether or not to add a garage or an extra room to your home is determined by the type of property you own and the value it adds. A garage is probably the better option if you need more space and storage options.
However, if you want to increase the market value of your home and make it more appealing, adding an extra room may be more advantageous in terms of resale value. Regardless of which option you choose, both additions should increase the convenience and comfort of your home.
