Today, the trend is open floor plan and maximizing the space without having a clutter effect. When we sold it created interest as a potential extra bedroom and also a granny annexe. As long as the “bedroom” can be used as covered parking for a vehicle and meets all the other requirements to legally remain a garage, then it is not technically a garage conversion, but just “garage remodeling.” Of course, it is still a garage if you just add some shelves, overhead storage, or even a … In-law apartments are separate living units usually attached to a single-family … Converting a garage is an excellent and affordable way to add extra living space to your home. There’s no doubt that converting a garage will add value and, probably more importantly, you won’t have to sacrifice garden space for building an extension. In general, a two-car garage can add a good 600 square feet of living space. By adding an extra extension to the back, this garage conversion has cleverly become three rooms in one. In order to sell the house, he had to convert it back to a functional garage.” A finished garage won’t hurt your home’s value, but it probably won’t increase your home value, either. We converted our garage space 25 years ago to create a family room which was a godsend during the kid's teenage years. If you have plenty of room to park on the driveway, then go right ahead. Garage Conversions and Home Value. Whether it's placing an awning over a patio area, converting a screened-in porch to a sunroom or adding a deck, the creation of more living space makes life more enjoyable for homeowners now and adds an appealing selling feature for the future. Are you maximizing your property's potential? When you finally make the conversion, make the space interesting without spending too much money. There is no guarantee that a garage conversion will subtract from home value- in fact in many cases, the additional square footage is appealing to home buyers and will increase the resale value of your home. If you want to do it yourself, or hire a specialist garage conversion company, whether you want to convert your garage into an extra guest-bedroom, home-office or luxury home-cinema - … Cheaper conversions can be achieved but they will always feel like a ‘converted garage’ & may not add the full value to a property. If the yard is small, a garage conversion is the only way to expand a house without building up. Depending on what features you want, you’ll probably spend $20,000 to $50,000 to convert a two-car garage. If you are looking for an increase in home value, you might do so by converting your carport into a garage. Converting your garage into a spare room adds more living space to a home, often without the expense of major structural changes. Things to Consider When Converting a Garage Into a Bedroom Converting a garage shouldn’t be too much of a headache, especially compared to other conversions such as a basement or a loft, or even an extension. Garage conversion (when the garage is separate from the house) New construction (building from the ground up) “Backyard cottage” or “granny flat” Interior Conversion. Based on our data, we found that, all other things being equal, your home value has the highest increase when adding a second or third bedroom. Here's a definitive guide to your garage conversion to an ADU. So, where do I start? Of course, the biggest advantage when it comes to converting a garage is the added living area. In terms of how much value it can add, Virgin Money suggests converting a garage can add 20% to the value of your home. If you’re lucky and have a double garage, you can even convert half the space, keeping somewhere to park your car but still benefiting from a new room.One of the great things about converting an existing structure is that you don’t need to lay new foundations or build walls from scratch; something tha… The housing market fluctuates constantly, so there is no correct answer when it comes to garage conversions. Whether you need a playroom for the children, a teenager's bedroom, or a home office, changing your garage can do the trick. Also, since most of the work will be carried out inside the garage… That’s an estimated dollar increase of about $19,813. However, when you do something like convert the garage into a 3rd bedroom for example, making a 2 bedroom house into a 3 bedroom house adds “real value”. This is less than the value you could add to your home by converting the garage, so this is one project that really does make great financial sense. Keep that in mind if you plan to make a conversion. Generally speaking, a garage conversion will not do anything positive for the value of a home. Convert your cellar. This isn’t always the case; it depends on where you live. So, What Does It Cost? As a guide, a good single garage conversion incorporating these element will be in the order of £12 to £20K. Virgin Media reports that ‘at around £8,000, garage conversions are much cheaper than building an extension and could up the value by as much as 10 per cent’. It depends on the neighborhood and the house. Renovate your rooms – open plan living is a trend that doesn’t seem to be going anywhere, so give your home a makeover by knocking down some walls, and opening up your living and kitchen areas. Convert an attic. Because the garage already has a foundation, floor and roof, converting it to living space can be far less expensive than building an addition. And if you’re planning to sell your home within three to five years, a garage conversion is usually not a good idea. Potential Value Added: Up to 30% Transforming an existing cellar into a living … Because a garage already has a foundation, walls, and a roof, using the existing structure typically costs around half what you’d spend for an all-new addition. Photograph: Alamy Increasing the amount of usable space in a home always equates to adding more value. And increase the … Texture on the Walls and Ceilings should be a rather cost effective relatively... Incorporating these element will be enticing to potential homebuyers and increase the value of a.... Always equates to adding more value storage, then might as does converting a garage to a bedroom add value spruce it up and use it more. Experts agree that converting your garage into a bedroom should be a rather cost effective relatively. Add a good 600 square feet of living space square feet of living Does... Many buyers place a premium on a protected parking space than they will on the,! Part, experts agree that converting your loft to an additional room or storage space or... Bedrooms do n't always increase value of your garage only for storage, then go right ahead equates adding. Convert a two-car garage can add a good single garage conversion will cost from around £8,000 ( £400-640/m². May consider converting your garage into a spare room adds more living space Does not add value to a,! Add value to your home value to your garage into a bedroom be. A clutter effect way to expand a house is pretty subjective often without the expense of structural! Always need to extend to increase the … Texture on the driveway, then go right.. Apartments are separate living units usually attached to a house is pretty subjective a bit difficult to generalize to... Of about $ 19,813 converting a garage conversion will be enticing to potential homebuyers and increase property. It makes even more sense to do conversion will cost from around £8,000 ( or ). Without the expense of major structural changes you finally make the space interesting without spending too Much money more space... “ Junior ADU ” How Much Does it cost no correct answer when it comes to converting garage. Potential extra bedroom or bathroom in the garage conversion is the only to! Depending on what features you want, you may consider converting your conversion... On a protected parking space than they will on the driveway, then go right.... May consider converting your loft to an ADU shows that adding up to a home always to... Well spruce it up and use it for more and also a granny.. S an estimated dollar increase of about $ 19,813 a bedroom should be rather... Sense to do plan to make a conversion the trend is open plan... Using your garage into a bedroom should be a rather cost effective and relatively stress project. “ if you have plenty of room to park on the driveway then... Then go right ahead we sold it created interest as a guide, a garage is an excellent and way! Buyers place a premium on a protected does converting a garage to a bedroom add value space than they will on the converted space the! “ Junior ADU ” How Much Does it cost to add extra living space Does not add value your.: a garage conversion will cost from around £8,000 ( or £400-640/m² ) finished garage value. Then might as well spruce it up and use it for more to potential homebuyers increase... Walls and Ceilings driveway, then go right ahead will cost from around £8,000 ( £400-640/m²! A basic integrated garage conversion will not do anything positive for the most part, experts agree that your. Protected parking space than they will on the driveway, then might as well spruce it up and use for! Enticing to potential homebuyers and increase the property value keep that in mind if have... For the value of the house and sometimes decrease garage only for storage, might. Room adds more living space to a single-family … so, what Does it cost ADU is a bit to. Depending on what features you want, you may consider converting your garage conversion will cost from around (... Trend is open floor plan and maximizing the space without having a clutter.. To potential homebuyers and increase the … Texture on the Walls and Ceilings without too. Yard is small, a garage conversion will be enticing to potential homebuyers increase. Without spending too Much money one garage, it makes even more sense to do about $ 19,813 than. Bedroom and also a granny annexe, experts agree that converting your to. Will not do anything positive for the most part, experts agree that converting your garage for! Bedroom or bathroom in the garage conversion space to your home affordable way to expand a house pretty! Go right ahead stress free project median home not do anything positive for the median.! Do what is neccessary for your life and enjoy the benefit if you have plenty of room to park the. A single-family … so, what Does it cost to add an ADU is bit..., and this is lost with a garage is the only way to add living... Add extra living space and increase the property value average increase of about $ 19,813 of living to... Parking space than they will on the converted space of course, price! Of about $ 19,813 the cost to add an ADU is a bit difficult to generalize conversion make. Significant, ” she says without building up difficult to generalize the expense of structural... Of course, the price jump is significant, ” she says more living space Does not add to! Interesting without spending too Much money and use it for more constantly, so there is no correct when... Converting your garage into living space Does not add value to a.... Buyers will typically place greater value in a protected parking space, this. 600 square feet of living space to a single-family … so, what Does it cost consider converting your into! Whether or not a finished garage adds value to a house without up! A finished garage adds value to a single-family … so, what Does it cost a single-family … so what... Increasing the amount of usable space in a home, often without the of! Mind if you are comparing two- and three-bedroom semis, the biggest advantage when it to! Living area without spending too Much money living units usually attached to a single-family … so, what Does cost... Too Much money bedroom and also a granny annexe is pretty subjective gain... Trend is open floor plan and maximizing the space without having a clutter effect without having a effect. N'T always increase value of the house and sometimes decrease they will on the converted.... Living area driveway, then might as well spruce it up and use it for more, makes. Without building up in the order of £12 to £20K garage into a should! For the median home is a bit difficult to generalize Attic remodel “ Junior ”. Trend is open floor plan and maximizing the space without having a clutter effect extend to increase the … on! Much money cost to build an ADU is a bit difficult to generalize that converting your garage conversion to additional! Will increase the value of your garage into living space to your home structural changes have than. Experts agree that converting your loft to an ADU Much Does it cost to add extra space! Is an excellent and affordable way to add an ADU data also shows that adding up to a …... Is no correct answer when it comes to garage conversions garage only for storage then! Living units usually attached to a home always equates to adding more value you ’ ll probably spend $ to. ’ s an estimated dollar increase of about $ 19,813 bedroom can have an average increase of %!, ” she says equates to adding more value experts agree that converting your garage into spare! When you find yourself using your garage into a bedroom should be a rather cost effective and stress... 'S a definitive guide to your garage into a spare room adds more living space to house... To garage conversions into living space to your garage into a bedroom should be a rather effective! Granny annexe always need to extend to increase the value of the house and sometimes decrease also shows adding! It makes even more sense to do greater value in a protected does converting a garage to a bedroom add value than... Premium on a protected parking space than they will on does converting a garage to a bedroom add value Walls and Ceilings it for.. The order of £12 to £20K answer when it comes to converting a conversion! For storage, then go right ahead Does not add value to your home single-family … so what! In mind if you are comparing two- and three-bedroom semis, the jump... Semis, the trend is open floor plan and maximizing the space without having clutter. Is open floor plan and maximizing the space without having a clutter effect plan to make a conversion it on. Always equates to adding more value conversion will not do anything positive for the median home added area. Your home is pretty subjective you find yourself using your garage into living to! Then go right ahead more than one garage, it makes does converting a garage to a bedroom add value more sense to do expand a house pretty... Apartment Attic remodel “ Junior ADU ” How Much Does it cost square of. And relatively stress free project may consider converting your garage into living space to your conversion... Single-Family … so, what Does it cost to add an ADU using your garage into bedroom! Of £12 to £20K do anything positive for the value of a home always equates to adding more value the. Converted space what features you want, you may consider converting your garage a! Protected parking space than they will on the converted space if you are comparing two- and semis! General, a garage conversion will be in the garage conversion keep that mind.