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Yes, a garage apartment is generally considered a valuable asset as long as the new structure has been legally built. It's important to weigh the cost to build a garage with an apartment against the cost to convert a garage to living space if you already have a garage.

General contractors typically manage home renovation or build projects that last more than a week and involve various skilled tradespeople. Some examples include building a new home or barn, adding an extension or garage, or carrying out major room remodels involving extensive plumbing, electrical, and structural changes.

A garage conversion typically takes between four and eight weeks, depending on the garage’s size and the project’s complexity. For a detached garage conversion, you may not experience much impact on daily life while it’s under construction, whereas an attached garage conversion can disrupt daily life quite significantly, given its proximity to the rest of your living space. 

You can expect a garage conversion project to take an average of between two and four months. Your timeline can vary, though, and it could take six months or longer if you need to run utilities to a detached garage, make structural changes to the building, or carry out foundation and structural repairs before the conversion begins.