Detatched Garage Resale Value

usernameRulesSuckJune 11, 2006

I'm contemplating building a detatched 2 car garage in my backyard (in addition to the 1 car attached garage that I currently have), but I'm concerned that, upon resale of the house, I'm not going to get nearly what I paid for it...I'm thinking 50% if I'm lucky. Is my logic correct that it isn't going to add much value, or is it going to be worth more than I think?

Thank you for reporting this comment. Undo
rick2752

I think you are pretty close to accurate, depending on your location. I would call a few realtors and ask their opinion. If you get extravagant you may get less. I looked at 1 house that had added a detached garage with office above. They spent like 70k when they were all finished. No way was it adding that kind of value to the home. I am adding one though and think I am doing all of it myself, I should get at least all my material money out of it if not more.

    Bookmark   June 11, 2006 at 1:14PM
Thank you for reporting this comment. Undo
usernameRulesSuck

I wasn't planning on anything extravagant, just a garage...probably 20 wide by 24 deep.

    Bookmark   June 11, 2006 at 3:27PM
Sign Up to comment
More Discussions
Turning part of garage into storage/man cave/laundry
Some background in my project: 1. I need a study, so...
toffee-el
Cabinets
Hi friends, I am looking for cabinets for my garage...
davidnc
Good material to patch potholes in old garage floor?
I have some pot holes in my 1963 garage floor. The...
griz8312
Snowblower help
I have a M t d model 317e760f118 track driven snow...
thechad1985
Unfinished Detached Carport from 1924
Hi, My house and an accompanying detached garage were...
Central_Cali369
Sponsored Products
Bookcases: Honey-Can-Do Garage Shelving 6-Shelf Steel Shelving Unit in Chrome
Home Depot
EnlightenLEDs Under Cabinet Lighting 12 in. LED Ultra Warm White Flexible
$19.99 | Home Depot
Malibu Path & Landscape Lights Low Voltage Half Brick Deck Light 8301-2402-01
$17.97 | Home Depot
PlayStar Water Cannon - PS 7834
$26.99 | Hayneedle
Flagtrends Aluminum 2 Position Bracket - Gray - 60732
$25.99 | Hayneedle
Light My Shed III White 18 1/2" Wide Solar Shed Light
$99.00 | Lamps Plus
People viewed this after searching for:
© 2015 Houzz Inc. Houzz® The new way to design your home™