Get matched with top pole barn builders in Shelby, MS

The average cost to build a garage is $28,670 , but a lot of variables affect the final price, including the cost of labor in your area, the size of the garage, and the type of structure you build. Whether the garage is attached or detached also affects the cost. A standalone detached garage costs more than a garage that is attached to your home.

Installing new HVAC can increase a home’s value by 5% to 7%. While installing a mini-split unit in the garage may not offer that much of a boost to the home value, it is a lower-cost option than installing a more traditional cooling system in the garage. Plus, if a cooler garage allows you to spend more time in the space doing tasks you enjoy, it makes the investment worthwhile.

Having a garage installed certainly adds to the value of your home. The consideration is not whether it adds value, but for many, they want to know if adding a garage yields a return on their investment or ROI. While garages can add anywhere from 5% to 20% of the total value of your property, that doesn’t mean that they return 5% to 20% of the money invested in building them. Most homeowners build garages for a purpose but know that you can recover your investment when you sell or refinance.   

In some cases, a detached garage can be considered extra living space, but you will need to gain permission and comply with your local building code. Depending on where you live, you may need permits for a variety of installations, including electrical work, plumbing, and structural work. Many homeowners make the mistake of converting a garage into a living space without acquiring permits, which can result in hefty fines and even the removal of your hard work. Furthermore, a detached garage doesn’t add to the livable square footage of your home when it’s time to sell.