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Should You Convert Your Garage Into Living Space?

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Should You Remodel Your Garage?

The cost to convert a garage to living space is often cheaper than the cost to add a whole new addition to the home and hence the temptation to do the conversion can be great.  This article explores why converting a garage to living space may not work out as the best financial decision when it comes to your home’s value.

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Certainly the additional square footage of living space may add some value to the home but the reduction of a key feature such as a garage can far outweigh the addition in value from the extra living space.  As with anything real estate related it all depends on the location so there are possibilities where a garage conversion might make sense.

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Some Additonal Resources From The Article:

Square Footage Pricing Does Not Work For Homes

How An Appraiser Handles A No Permit Renovation

 

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