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![]() Garage Trends & Remodels © Big Stock Photo Weintraub's Home Buying AdviceHome Buyer Trends in Single Family HomesHomes With Bad LayoutsAfter Closing: Home Start-Up Budget Weintraub's Negotiation TipsHow to Write a Purchase ContractNegotiation Tips for Home BuyersContingent Offers on Selling Home Book Reviews from Elizabeth WeintraubGarage Trends and Garage RemodelsGarages Are Making a ComebackHome buyers are increasingly turning up their noses at homes that do not have a garage. Garages are no longer a place to stash your unwanted junk, excuse me, I mean valuable collectibles that appear to have no other place to live than the garage.
America, it's time to clean out your garages! Even investors no longer want to buy homes with a converted garage. If you've turned the garage into a bedroom, family room or studio, your home will linger on the market and might possibly sell for less than surrounding homes with functional garages. Moreover, most homeowner associations do not allow parking in the driveway for more than a few hours. In some ways, that kind of policy seems eerie and reminds me of The Stepford Wives. But I've had buyers refuse to buy a home in an area where everybody parked in the street, much less in the drive. It seems that nobody wants to look at your car.
Garage Trends
Garages Are Getting Bigger
Back in the '80s and '90s, a standard-sized garage measured about 21 feet by 21 feet and was 7-feet high. I remember this because I once single-handedly (OK, I let my husband help) built a garage about that size. Consider the length of a H2 Hummer, about 15 feet long, which doesn't leave a lot of room for typical garage items such as a lawnmower, gardening tools or workbench. A 17-foot Bayliner boat, with trailer and hitch, won't fit in a smaller garage, either. To accommodate our larger vehicles, garages need to be at minimum 22 feet by 22 feet. To fit an SUV, the height should be at least 9 feet.
Garages Moving to Rear of Home
To increase the number of homes on lots, builders are moving garages to the back of the home. The garage is accessible by side entry or from an alley, just like the 1950s. Although some are attached at the rear, the trend is moving toward detached garages. Rear garages, builders say, emphasize the fronts of the homes and encourage interaction between sidewalk strollers and porch sitters.
Don't Go Overboard
Some home owners build very expensive garages. A garage in Land Park cost the owner more than $160,000. It held two cars and had built-in storage cabinets against the far wall, plus exterior access to several other storage units. These owners built a workshop / game room over the garage, involving a multi-directional ceiling to follow code, because code specified that garage roofs must not be higher than the house. But the room was useless; it did not have a bathroom, and buyers did not see the value in the expensive oak woodwork or built-in closets. Another client built a $70,000 garage on the rear of his property with vaulted ceilings. Half of the garage is a studio, without a barrier wall, and the other half houses two cars. When he sells, it is unlikely he will see a return on that investment. But it adds an interesting element to the home.
Garages That Sell
Estimates for organizational products run on the low end from around $1,000 up to about $10,000. Garages are now an extension of living space and have moved away from a total utilitarian function.
While an upgraded garage might not return your entire investment -- especially if it's on the high side -- the amenities will make your home more attractive to buyers and, thus, easier to sell. Weintraub's Home Buying AdviceHome Buyer Trends in Single Family HomesHomes With Bad LayoutsAfter Closing: Home Start-Up Budget Weintraub's Negotiation TipsHow to Write a Purchase ContractNegotiation Tips for Home BuyersContingent Offers on Selling Home Book Reviews from Elizabeth Weintraub |
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