Does a garage add value to your home?

With many homes having limited parking space and households owning more cars, garages are in higher demand than ever before. Recent research found a garage can add as much as 10-20 per cent to the price of a typical home. Research released last year from Admiral Loans reveals that a garage conversion could add an average of £45,000 onto the value of your home.

Aside from the face that you could sell your home for a substantial amount more if you have a garage, if you were to sell some buyers will immediately rule out making an offer for your home if it does not have adequate secure parking.

Having a garage built on the side of your home will always be a positive move. Aside from the added value it will add to your home, it offers you extra storage and space whilst keeping your car and items secure and protected.

Posted by in General