Does Adding a Garage Increase Home Value?
Your new garage is going to provide you with unbeatable flexible storage space for decades to come. However, if you ever do want to sell your current house, it’s always good to know that you get back everything you put into it. That’s why homeowners often ask us, “Does adding a garage increase home value?” – and the answer is almost always yes! Attractive and usable storage is a great selling point to most home buyers. However, there are a few things you can do when shopping for this structure to guarantee your garage return on investment.
At New Holland Supply, we manufacture top-of-the-line pole barn and garage kits for homeowners across the east coast and beyond. Keep reading to learn how to ensure adding a garage increases your home value, or simply reach out to order your custom kit today!
Maximizing Your Garage Return on Investment
The vast majority of home upgrades you make, and anything build on your property, will add to the appraised value of your home. In addition, the added convenience and storage space of a garage is never unwelcomed in a house. However, you can do even more when designing and buying your garage to ensure it increases your home’s value. These are the key ways you can maximize your garage return on investment:
Have a Two-Car Option – Even if you don’t know if you need it right now, we absolutely recommend going with a two-car option, particularly if this is the only garage on your property now. Not only do most homeowners want to be able to keep multiple cars but even if they don’t, the added space does the same job as a garden shed – just better!
Design with Style in Mind – One of the best things you can do to maximize your garage return on investment is to make it look stylish. To a perspective buyer, the unique look changes the garage from a practical addition to a must-have! The rustic, barn-style look for garages is one of the most popular we make in our kits. You can achieve this by accessorizing with two-color wainscoting and a decorative cupola. Adding extra windows is another way to enhance the look while making the space more comfortable on the inside, thanks to the ample natural light. Looking for inspiration? See some of our favorite garage and pole barn color schemes.
Make Sure It Lasts – The only way that adding a garage won’t increase home value is if the structure doesn’t last. Make sure you work with a well-reviewed company that supplies top-of-the-line kits. In order to ensure that our garages last as a lifetime, New Holland Supply uses high-quality metal roofing and siding to construct a garage that stays weatherproof for decades of use! Be careful of ANY price tag that looks too good to be true.
Make Sure the Space is Versatile – Since you’re designing the space yourself, you know it’s perfect for you. To increase the chances of making it a great fit for a potential buyer, make the space as versatile as possible – so that it’s perfect for someone else someday. Some of the ways you can do that are by adding extra man doors, an overhang, and a second-floor storage loft. Not only will all of these touches maximize your garage return on investment, but you’re sure to appreciate the convenience of these upgrades as well.
Pay a Fair Price Up-Front – One of the surest ways to get the best garage return on investment is by not paying an excessive price up-front. While you never want to sacrifice quality, there are things you can do to secure a good price point. One of the main strategies is buying a complete garage kit and putting it together yourself or teaming with a local handyman. This eliminates paying a high markup on the construction services and is a very popular choice among our customers. Learn more about what a garage kit should cost.
Get Your Custom Garage Quote Right Now
So, now you have an answer to the question, “Does adding a garage increase home value?” – and if you’re ready to take the next step, we’re here to help. While our garage kits are fully customizable and made to the highest quality, our prices are competitive with other elite manufacturers.
We encourage you to reach out to our sales team to discuss your budget and needs. We’ll help you find the perfect garage that serves you well for decades. Reach out to start the conversation and to get quotes!