Can I share a secret with you?
Converting a garage into a living space can definitely boost your property value — depending on a few factors.
The good: A garage conversion only costs around $5000-$7000 and can add up to 20% to the value of your home.
You’ll also gain valuable extra living space that’s more cost-effective than renovating your home for an extension.
The bad: It might actually do the opposite and lower the value of your property if you live in areas where parking is a premium such as urban areas or even rural areas where outdoor enthusiasts flock and value the extra storage space.
So, tell me, with this information, do you think a garage conversion is worth it in your area?
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