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A garage extension makes sense if you need more room to work, store your belongings, or park another vehicle. It’s also a smart financial move. As far as the value a garage adds to a home, you can often recoup 75% to 85% of your investment into a garage extension.

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.   

It depends on a lot of factors, but generally speaking, added living space is more desirable to most buyers, which means an extra room will be more valuable than a traditional garage. The utility of the new space will determine how much ROI you’ll see. An additional bedroom will generally be more valuable than a living room or family room, and converting your garage to a bedroom with a bathroom will likely add the most value.

You should let your initial paint job dry at least 12 hours before opening the door. Check your work after 12 hours have passed to confirm there are no uneven patches, or signs of the old paint showing though—if you see any, we recommend applying a second coat of paint and waiting an additional 12 hours for it to dry.