Garage renovations can increase the value of a home and add living space

Remodeling or redesigning a garage can add living space, ease of use and increase the value of a home. METRO NEWS SERVICE

Remodeling or redesigning a garage can add living space, ease of use and increase the value of a home. METRO NEWS SERVICE

Homeowners tend to want to maximize all of the space they have in their homes. For some this may involve turning a garage from a utilitarian space into one that serves multiple purposes.

According to The Mortgage Reports, a home-buying and improvement resource, garage renovations can increase the value of a home and add living space. Garage remodels can create additional storage space, provide an area for a home gym or even create room for a home office. Prior to beginning a garage remodel, homeowners may have some common questions about the process.

How much does the renovation cost?

Several factors will ultimately determine the final price of a garage remodel, but HomeAdvisor says the national average for a garage remodel falls between $6,000 and $26,000. Most homeowners come in at around $15,000 for a total garage conversion.

Will I recoup the investment?

A garage conversion adds value to a home if it creates new and usable living space. The firm Cottage, which pulled together a team of builders, architects and technologists, advises the average garage conversion provides an 80 percent return on investment. That ROI varies depending on location.

How can I upgrade the flooring?

Garages traditionally feature concrete floors. Although durable, concrete floors can feel damp, hard and cold underfoot. Both vinyl plank and epoxy flooring options can elevate the design and functionality of the garage.

Can I have the best of both worlds?

Sometimes a garage needs to serve many purposes. Lofting the garage means a homeowner can still park cars or utilize the lower space as a living area, all the while items are stored overhead. Some flip this design scenario and have the loft area as a bedroom or finished living space, while the lower portion remains a traditional garage area. Another thought is to finish only a portion of the garage. This works well for two- or three-car garages where there will be room to park a car and the remainder will serve another purpose.

What are other ways to improve the garage?

Installing more windows or improving on the lighting in the garage can be important. The garage improvement experts at Danley s say window installation enables people to circulate air in the garage without having to open the garage door. Improving the lighting means the garage can still be enjoyed or utilized after dark. Spread out lighting in the garage, and use a combination of overhead and task lighting just as one would in the home itself.

How do I deter bugs or other pests from entering?

Insects often want to hunker down in garages, and they may find it easy to get inside a garage. Keeping the garage clean and organized is the best way to deter pests and to spot infestations before they become problematic, indicates Mosquito Joe pest control company. Reducing water and humidity in the space, weatherproofing at the base of the garage door and other entry spots and utilizing insect repellents to make the garage less hospitable also can decrease the risk of insect infestation.

Remodeling a garage can add value and plenty of usable space to a home. Whether a garage houses cars or hosts neighborhood game night, a garage renovation can be well worth the investment.

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