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Whether a garage or an extra room adds more value depends on several factors, including local market demand, location, and typical buyer preferences. Generally, added living space is highly desirable to most buyers, which can make an extra room more valuable than a traditional garage. The return on investment (ROI) often depends on the utility of the new space; for example, an additional bedroom is typically more valuable than a new living room, and converting a garage into a bedroom with an en-suite bathroom will likely add the most value. A well-designed extra room can also serve specific needs, such as a home office, guest room, or entertainment space. However, adding a garage may be more valuable in areas with limited street parking or harsh climates where protecting a vehicle is a priority.

On average, a garage door can last between 15 and 30 years. However, this lifespan is influenced by several factors, including the quality and material of the door, local climate conditions, and how frequently it is used and maintained.

Key factors affecting longevity include:

• Material: Wooden doors can last 20 to 30 years or more, while steel doors typically last 15 to 20 years. More robust options, like triple-layer steel, can last 25 to 30 years with proper care. The number of layers in a door also contributes to its durability, with each additional layer potentially adding five years to its life.

• Maintenance: Regular inspections, cleaning, and immediate repairs can significantly extend the life of your garage door.

• Usage and Climate: Doors in harsh climates or those used very frequently may wear out faster.

• Components: Individual parts have different lifespans. For example, automatic openers may fail sooner than the door itself without regular maintenance, and garage door springs typically need replacement every 7 to 12 years.

While the door panels are designed to last as long as the door, they should be replaced sooner if they become visibly damaged, impact the door's smooth operation, or create a security risk.

The level of insulation is determined by both the material and the thickness of the door. Some garage door materials (such as wood) have natural insulating capabilities, while other materials (such as metal) do not. No matter the material, two-layer and three-layer garage doors have a higher R-value than single-layer garage doors, as insulation is fitted between the panels. 

An average two-car garage size is about 580 square feet. A common dimension for a two-car garage is 24-feet deep by 24-feet wide, as measured by the interior width. However, the manufacturing of larger vehicle sizes means many homeowners want to build bigger garages. It’s not uncommon for a two-car garage to be 30-feet by 30-feet.