Garages are becoming more important to home buyers today than ever before. But many homes don’t have a garage or the garage has been converted to something else like another bedroom. How crucial is a garage for today’s demanding buyers? We’re not talking single car garages, people want additional storage space and a place for the kids toys, etc. Many real estate experts think that having a garage definitely increases the value of a property, if it’s in a mid-level or higher price range and especially in a cold climate. Moreover, if a home doesn’t have one, it may prove a deal breaker, The average two-car garage will return an investment two to two-and-a-half times. It doesn’t mean you have to have one with polished or painted floors and other fancy amenities, but it does have to be clean and roomy. Adding some extra square footage doesn’t cost that much more with this type of construction.
Note: If you are a seller and your garage is in a mess, cluttered and disorganized, clean it up before showing your home to potential buyers. If a buyer has narrowed the choices to a few and your home is the only one with a nice garage that you can’t see or get into, it could end up being the deal breaker.