Can a Garage Add Value to Your Home?
Often, garages are used as a place to store vehicles, tools and equipment, as well as a wide range of miscellaneous objects.
These days, garages are so much more than just a place for household storage, with many homeowners choosing to convert their garages into gyms, game rooms and much more. As well as alternative uses for a garage, having one at all can provide your property with a wide range of benefits.
One of these benefits that often gets overlooked regarding garages is that they can add value to your home.
In this article, the SAA Industrial & Garage Door Specialists team will look at how garages can boost your home’s value and how much of an increase you can expect.
Why does a garage add value to your home?
Many people might be surprised to learn that adding a garage to a property can increase its value. As previously mentioned, it is often overlooked as simply a storage space, but there are a variety of reasons why a garage can add value to a home.
These include:
- Extra security
One of the biggest concerns of anyone purchasing a new home is security. You can’t put a price on your family’s safety, and people are always willing to pay more for a property that offers a greater sense of security. When fitted with an appropriate garage door, garages can offer a robust barrier to your home which makes it difficult for thieves or intruders to enter. Plus, they offer a safer place to keep vehicles rather than leaving them out on the street or on a driveway.
2. Parking space
As mentioned above in regard to security, garages offer a dedicated place to park your vehicle. Particularly if you live in a city or built-up area, parking spaces can be hard to find, so people are likely to pay more for a property that includes one.
3. Extra space
Any property that offers additional room is likely to increase in value. A garage offers the potential for renovations, meaning buyers could transform it into anything they please and may be willing to pay more for it.
How much does a garage add to home value?
There is no set amount that having a garage added to your home will add to its value. It depends on a variety of factors, including location, the garage’s size and other considerations.
However, as a general rule, studies have shown that a single garage can increase your home’s value by 5-10%, and double garages can add around 20%. Whatever the case, if you’re looking to sell your home, having a garage in place is an excellent way to get more money on the sale.
Different types of garage doors
Whether you already have a garage at your home or are looking to have one installed, it’s important to have the correct garage doors in place. A robust, secure and reliable garage door can help to enhance garage value, and at SAA Industrial & Garage Door Specialists, we offer a variety of garage door systems ensuring there is something for everyone.
These include:
- Roller garage doors – among the most secure garage door types
- Sectional garage doors – excellent at maximising space in front of a property
- Up and over garage doors – a classic design, these garage doors are the most versatile in the industry
To find out what type of garage door is most suitable for you, get in touch with the team at SAA Industrial & Garage Door Specialists. We’re leading suppliers and installers of garage doors for residential, commercial and industrial properties, working throughout Brentwood, Waltham Abbey & Essex. To find out more about what we do or to book a free site survey, contact our team today.
