Does a Garage Add Value to a House?
The tight housing market, combined with a recent rise in mortgage rates, is causing many homeowners to stay put for the foreseeable future. Instead of moving, many are choosing to add garages to provide additional space and convenience.
If you’re thinking of building a garage, you might be wondering, “Does a garage add value to a house?”. Spoiler alert – the answer is a resounding yes! As of the spring of 2023, there’s never been a better time to add a new garage to your home.
Today’s modern garages aren’t just convenient places to park your car – at Glick Woodworks, we’re seeing customers turn their garages into living quarters, workshops and other functional spaces that add tremendous value for both current homeowners and future buyers.
So, how much value does a garage add to a house? Read on to get the numbers, along with other factors that can influence your garage ROI (return on investment).
Did you know: Detached garage sheds are one of the most affordable ways to add a new garage to your property? Check out our previous blog – Amish-Built Garage Sheds + Prices to see for yourself.
How Much Value does a Garage Add to a House?
In exploring the question, “Does a garage add value to a house?”, there are many things to consider. While there’s no direct answer to exactly how much value a garage adds to a house, we’ve outlined 4 ways that adding a garage increases a home’s usefulness, both immediately and over time.
- Extra Storage Space: One of the key benefits of a garage is the additional storage it provides. Beyond serving as a nice place to park the car, your new garage can store tools, equipment, or seasonal items, freeing up space in other areas of your home. So, does a garage add value to a house if it provides additional storage? Absolutely! Added storage capacity is always appealing to potential home buyers and may increase the price a buyer is willing to pay for your home in the future!
- Protection and Security: Over time, natural elements tend to wreak havoc on vehicles, so parking your car in a garage can keep your car looking newer, longer. Plus, a garage enhances security, acting as a deterrent against theft and vandalism. Not only does a garage add value to a house in terms of functionality, but it also provides peace of mind to homeowners and prospective buyers alike.
- Enhanced Living Space: Adding a garage to your home can have benefits beyond protecting vehicles or simple storage, too. In fact, many homeowners choose to transform their garages into versatile living spaces that are advantageous beyond the garage itself. Just imagine how much value a garage adds as a home gym, workshop, entertainment area or home office could add to your home!
- Monetary Impact: Now, let’s get down to the numbers. How much value does a garage add to a house? Various studies have shown that a well-built garage can increase the appraised value of a house by approximately 10% to 20%. That puts the garage ROI at $25,000 to $50,000 for the average $250,000 home.
As you can see, not only does a garage add value to a house, but it can also significantly improve the functionality and appeal of your home both now and in the future. The key is balancing your garage ROI with the price you pay to build your new garage. Explore some of the most popular and affordable detached garage sheds below for inspiration, or request a price estimate on a custom shed here!
Popular & Affordable Detached Garage Shed Models
Purchasing a pre-built garage is one of the fastest and most affordable ways to add a new garage to your home. At Glick Woodworks, we offer a variety of Amish-built detached garage sheds to suit your needs. Check out some of our favorite models below or get in touch with our team to start designing your new garage today!
Single High Wall Garages
With rustic barn styling and a gambrel roof, our single wide high wall barn garages pack plenty of storage capacity into a compact footprint.
Looking for a modern style with a truly premium feel? Our Elite garages provide plenty of wow-factor at a price point that may surprise you!
Thinking of adding a workshop, home gym, or entertainment area to your home? Our double-wide detached garage sheds are a great place to start!
Explore Garage ROI with Glick Woodworks
At Glick Woodworks when our customers ask, “Does a garage add value to a house?”, our answer is… absolutely! As a manufacturer, we can offer a better deal than many garage retailers – no middleman often means lower prices and better value. Plus, we can customize any garage we sell and deliver our garages right to your backyard in PA, MD, NJ, and DE, from our shop in Mount Joy, PA.
Experience the craftsmanship and attention to detail that only comes from Amish craftsmen, making your new garage a valuable addition to your property. Contact us today to unlock the hidden potential of your property with a beautifully designed garage!