You can make your garage more spacious by renovating it. Also, it's much less expensive than adding an extension. Modifying the walls of your garage to add more space is simple as they are already in good condition. To ensure the best result, there are several steps you need to take. These are some suggestions to help get you started.
Decide on a budget. A simple project will cost about $6,000 to complete. If you plan to build a guesthouse, however, expect to spend more. This project is more expensive as it requires the installation of a bathroom and kitchen. It will also require the installation of a gas and sewer line. This can increase the cost to the high $30s. Although garage remodeling is not required to have architect approval, it's possible to spend more than $25,000 on a guest house. You need to make sure that you have enough money.
You can also make the garage more livable by changing its look. A garage remodel will improve the resale price of your home by adding living space. A new floor will help sell your home faster, and you'll find many styles, colors and textures to choose from. Remember that polyurea floors are waterproof and don't fade. You will get more square footage and a higher value for your home if you have a new door. You can also install an outdoor door, which will provide you with extra entertainment space, and save a lot of money in the long run.
It is important to take into account the dimensions and shape of your garage when remodeling it. Your walls' design and style should be considered when remodeling your garage. A simple coat will transform an old garage into a new one. Epoxy will give the floor a professional finish. You will find your garage cleaner and easier to maintain. You'll find this project rewarding and will be grateful that you took the time.
The garage is often overlooked. Its walls and floors need to be repaired to boost curb appeal and make the entire space more useful. You can increase the home's value by making some minor changes. You should consider remodeling your garage before you make any other changes. Consider hiring a professional to assist you with your project if you don't wish to make changes that add value to your house.
Consider the cost when remodeling your garage. For maximum use, maximize the space in your garage. The remodeling process can also increase your home's value. You might consider adding another bathroom. An extension is a great option if you are looking for more living space. Also, it is important to choose the layout for your new garage. Consider your lifestyle.
FAQ
What should I look for when buying a home?
Be sure to have enough money in reserve for closing costs before you purchase a new home. If you don't have enough cash on hand, then you might want to think about refinancing your mortgage.
How to quickly sell my home without having to pay realtor fee?
It is important to start looking for buyers as soon as possible if you wish to quickly sell your home. This means you need to be open to any offer the buyer makes. Waiting too long can lead to losing out on buyers.
How Much Does It Cost To Renovate A House?
Cost of renovations depends on the material used, how large the job is and how complex it is. Certain materials, such as wood, require special tools like drills and saws. Others like steel don't. The cost of renovations will vary depending on whether your contractor does all the work or you do it yourself.
The average cost for home improvements projects is $1,000 to $10,000. If you are looking to hire professionals, expect to pay between $5,000 and $25,000. You could also spend as much as $100,000 if you do it all yourself.
You should know that there are many factors which determine the final cost of renovation. The type of material used (e.g. Brick vs. concrete, the project's size, the number and duration of workers, etc. These are important considerations to remember when estimating total renovation cost.
Statistics
- A final payment of, say, 5% to 10% will be due when the space is livable and usable (your contract probably will say "substantial completion"). (kiplinger.com)
- According to the National Association of the Remodeling Industry's 2019 remodeling impact report , realtors estimate that homeowners can recover 59% of the cost of a complete kitchen renovation if they sell their home. (bhg.com)
- ‘The potential added value of a loft conversion, which could create an extra bedroom and ensuite, could be as much as 20 per cent and 15 per cent for a garage conversion.' (realhomes.com)
- The average fixed rate for a home-equity loan was recently 5.27%, and the average variable rate for a HELOC was 5.49%, according to Bankrate.com. (kiplinger.com)
- They'll usually lend up to 90% of your home's "as-completed" value, but no more than $424,100 in most locales or $636,150 in high-cost areas. (kiplinger.com)
External Links
How To
Five Things You Must Know Before Starting Your Home Renovation
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Do you really want this? You will need help if you are going to embark on a major home improvement project such as renovating your bathroom, kitchen, or building a new house. It's possible to feel overwhelmed by such a large project. It could take up a lot of your time and money, and you won't get any real benefits from it. Why not get someone who is experienced to assist you? These people will save you time, stress, and provide a beautiful place to live in.
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How much should a project cost? This may seem obvious but it could make things worse if you spend too much on your renovation project. The reason is because you'll probably find yourself having to pay back most of the costs at the end of the day. Keep your budget in mind. You could wind up spending a lot and not getting any return.
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Do I choose to hire professionals or DIY? - There is no right or incorrect answer. However, we recommend hiring professional tradespeople when you can afford them. They'll give you the best advice possible on how to proceed with your particular project. They'll install your plumbing correctly, provide a warranty, and ensure everything goes according to plan. DIY projects often involve a lot trial and error. You'll learn a lot the hard way. Additionally, you will have to deal all manner of problems that can arise along the way.
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Are you able to afford it? Do not underestimate the costs of a renovation. Even if you think you can manage it on your own, you might find that you need to borrow money from friends and family just to cover the bills. If you are planning on selling your existing property soon after finishing the renovations, it is important to include the cost of selling it in your calculations.
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Where should I begin? There's no right or incorrect place when it comes down to where to start. We recommend that you pick something that you are passionate about. This will help you stay motivated and make it less likely that you procrastinate. Avoid areas that require constant maintenance. If you have to deal with dirt and dust, don't try to redecorate the living room.