How Much Value Does a Garage Add to a House?

Garages do more than protect your personal belongings and provide you with additional storage space. They increase the value of your home.

Continue reading to learn more about how garages increase the value of a home.

How Does a Garage Add Value to a Home?

Yes, having a garage, whether it is attached or detached, will increase the resale value of your home.

Some of the reasons why a garage increases the value of your home include:

• Increased curb appeal – a garage is an additional feature that can attract potential buyers to your home.
• Increased square footage – the additional space provided by a garage counts as part of the square footage of your home. The more square footage your home has, the higher its value.
• Potential for additional workspace or future renovations – the additional space from a garage can be used for a wide variety of purposes ranging from creating a home office to an additional bedroom or a family room. The value of your home increases as potential buyers can enjoy having this additional space that can be used for a variety of purposes.
• Additional storage space – just having extra space to store personal belongings and other items increases the value of your home
• Enhanced security and protection – garages protect your home and personal belongings not only from thieves and vandals, but from the weather

Curious how much value does a garage add to a house? That is a difficult question to answer because every situation is unique. A number of factors, ranging from the location of the home to the type of garage and the garage door that is installed, will determine how much value the garage adds to a home.

Attached vs. Detached Garages: What Should You Consider?

Once you have decided to add a garage to your home, you must choose what type of garage to build: attached or detached. Both types of garages will increase the value of your home if you didn’t previously have a garage.

Some things to consider that will help you determine whether to get an attached or detached garage include:

• Setup of your current home – if your home wasn’t built with an attached garage, there could be structural and spacing issues that make it difficult to add an attached garage.
• Possibility of additional living space – attached garages often don’t allow for additional living space above them. A detached garage often has the possibility of adding an additional room or living space above the garage.
• Cost - detached garages often cost more than attached garages because a whole new structure needs to be built.

What Factors Affect How Much Value a Garage Adds?

How much value a garage adds to a home depends on several factors, including the local housing market, garage size, condition, layout, and the quality of the garage door. There is no single dollar amount that applies to every property because buyers value garage space differently depending on the home, neighborhood, and available parking.

The main factors that can affect how much value a garage adds include:

• Location: In areas where off-street parking, covered parking, or extra storage is highly desirable, a garage may have a greater impact on buyer interest and resale value.
  
• Garage size: A two-car garage may appeal to more buyers than a one-car garage because it provides additional parking and storage space.
  
• Attached vs. detached design: Both attached and detached garages can add value, but the best option depends on the home’s layout, available space, and how buyers in the local market use the garage.
  
• Overall condition: A clean, well-maintained garage is more likely to support a home’s value than one with damaged walls, worn flooring, moisture issues, or outdated components.
  
• Garage door condition: Because the garage door is one of the largest exterior features on many homes, its appearance and condition can affect curb appeal and first impressions.
  
• Garage door features: Insulation, weather sealing, windows, smart garage door openers, and modern safety features can improve comfort, convenience, and functionality.
  
• Usable storage and workspace: Garages that provide organized storage or flexible workspace can be more attractive to buyers who want more functional space.
  
• Security and reliability: A garage door that closes properly, locks securely, and operates reliably can make the garage more useful and appealing to potential buyers.

For homeowners considering improvements, the garage door is one of the most visible and functional parts of the space. Replacing an outdated or damaged garage door, improving insulation, or upgrading the opener can enhance curb appeal and make the garage more convenient to use.

The actual increase in home value will depend on the property and local real estate market, but a well-maintained garage with a functional, attractive garage door can strengthen the overall appeal of a home.

Can a Garage Door Add Value to Your Home?

When it comes to adding value to your home, the type of garage door that is installed could make a difference. Everything from the features of the garage door, such as insulation, weather-proofing, or having an automatic garage door opener system, to how the garage door looks can increase the value of your home.

How much the value of your home will increase will vary depending upon the type of garage door you choose to install. If you are considering replacing your garage door with the hopes it will increase the value of your home, it is important to work with an experienced garage door technician at Uplift Garage. Uplift Garage specializes in helping homeowners in Chicago and surrounding areas find the right garage door that will increase the value of a home.

The experienced technicians at Uplift Garage can help you assess the current state of your garage door and determine what, if any, improvements or enhancements could be made that will help to add value to your home. Contact us today to schedule an appointment with one of our experienced garage door experts. We look forward to helping you explore your garage door options.