What to Consider Before a Garage Conversion
Before you begin purchasing paint or researching how to remove a garage door, take some time to think about if your house can handle a garage conversion and if it makes sense from a cost-value standpoint.
The questions and suggestions below will help you determine if a garage conversion is best for your home and finances. If so, it’ll help define which conversion ideas to lean towards.
How Should I Prepare for a Garage Conversion?
Before beginning a garage conversion, consider if your house can handle this improvement project from an electrical, plumbing, and HVAC standpoint.
A garage remodeling contractor near you should be able to explain the possibilities of the project and will give you a cost estimate. Use this estimate to help calculate your return on investment (ROI) for when you sell your home, rent out the converted living space, or eventually do both.
Will the Converted Garage Add Value?
Most homeowners want renovations to increase their home’s market value. However, not every garage conversion will do this. In some cases, a garage conversion can even lower the house’s price tag, as is sometimes the case with a specialty garage conversion, like a music studio.
Areas that receive lots of annual snowfall, rain, or severe weather, such as tornadoes and hurricanes, will likely need garages to protect vehicles from damage. A good rule of thumb to follow is that if the vast majority of houses in the neighborhood have a garage for vehicle storage only, then you’ll likely want to keep yours as-is.
However, if you live in a high-density neighborhood and living space is extremely valued, then consider converting your garage into extra living space. Your home will likely receive a nice market value bump.
Does My Garage Conversion Need Permits?
Finally, think about whether or not your garage conversion idea needs permits. If you have illegal modifications done to your home, you may want to avoid bringing an inspector in to sign off on a permit for the garage conversion. In either case, speak with your local building department to see if permits are necessary and figure out how they will play into your garage conversion cost and timeline.
How Much Do Garage Conversions Cost?
Depending on the size of the garage and the amount of remodeling necessary, a full garage remodel can cost anywhere from $1,500 to $50,000 or more.
Here is what you can expect to pay for garage conversion costs:
Office: A new at-home office will run you about $5,000. Normally, this project doesn’t require additional plumbing or drywall. You’re mostly paying for extra insulation and electrical work.
Entertainment room: For a family entertainment area, you’re looking at spending around $7,500. This doesn’t include any fun features you purchase, such as a billiard or ping-pong table.
Guest house: A full guest house will cost an average of $22,000, but it could go significantly higher depending on size and finish options. This high price tag is because you’ll likely need to have a bathroom, kitchen, and bedroom for someone to live comfortably.
Do You Have Enough Storage Space?
When planning your garage conversion, think about the amount of storage space you have in the rest of your home.
Ask yourself these questions:
Can you store the items in your garage in your basement, attic, or backyard shed?
Will it be too much of a hassle to retrieve these items from their new storage areas?
If there currently isn’t enough storage space in your house, do you have the budget and enough outdoor space for a new shed in addition to your garage conversion?
If there isn’t enough space and you need to clean out or declutter your garage of unnecessary items, then look into having a garage sale. You can also sell items online, donate them to charity, or get rid of them.
What Are the Required Permits and Regulations?
Before you begin your garage conversion, research your local laws and regulations. Depending on where you live, you might need a building permit for any alterations you make to your garage.
A building permit can cost anywhere from $150 to $2,000. In addition to the main building permit, you’re also paying permit fees for things like electrical wiring, HVAC installation, and plumbing.
Another regulation to review is if your area allows accessory dwelling units (ADUs)—secondary housing units on a single-family residential lot. Some states, like California, are jumping on board the ADU train, while other states and cities have stricter regulations.
Lastly, consider parking areas. If there isn’t enough residential street parking in your neighborhood, or you live in a neighborhood that experiences car theft, then you might want to reconsider if giving up your garage is worth it.
There are endless garage conversion ideas to create the perfect living space for yourself, your family, and your friends. Again, consider the costs, ROI, and feasibility of the project. Most importantly, think about the type of space that will bring the most joy to you and your family and the most value to your home in the long run. If you need help remodeling, contact a local garage remodeler.