Considering a Major Home Addition? Why a Detached Garage Can Drastically Improve Your Resale Price
Before you make a major structural change to your property, it is important to consider how this will affect your resale value. While there are many steps that you can take to improve your property, the addition of a detached garage may be beneficial to you and may drastically improve your resale price when you are ready to sell.
You can contact a trusted real estate agent today to obtain customized information about how the addition of a detached garage may affect your property’s value.
Adding Square Footage to Your Home
As a property owner, you may be well aware that one of the most common ways the value of your property is determined is by the market rate for price per square foot of homes in the area.
While factors such as age of the property, condition of the property and amenities in the neighborhood may affect whether your property’s price per square foot is above or below market average, the kind of the improvements has a direct impact on property value.
While adding a detached garage adds overall square footage to the property, it generally won’t be considered at the same rate as finished square footage within the home. However, outbuilding improvements do add value to your property and a real estate agent can help you to determine the true financial gain you may experience through this addition.
Increasing Appeal to Potential Buyers
Properties that are more appealing to potential buyers may sell for a higher price. When you add a detached garage to your property, you may be adding style and function to the property by adding a place to park vehicles and to store items like seasonal items and lawn equipment. You can also create a detached garage with a workshop or another functional area for added appeal.
Transforming Existing Space
Some home additions will add a detached garage to a property because a garage was never constructed on the property, but others will be added because the homeowner wants to transform the existing garage attached to the home into a more functional area. For example, a new home addition, may turn the existing garage into a living room, a bedroom or another functional area. With the addition of a detached garage, the property owner can retain the benefits of having a garage while also improving the functional use of the main area of the home.
The addition of a detached garage can benefit you and your family in a number of ways, and it can also improve the resale value of your home. By speaking with a real estate agent, you can get a better idea about how this addition will affect your property.
Congratulations on moving into your new house! But hold on. Now that the house is yours, there are a few things you will want to do in order to make life in your new home more comfortable and secure. Before you plan your housewarming party, here is a list of the first things you should do after you move in.
Renovating a home is not only a way to increase the family’s standard of living but it can also be seen as an investment. There are multiple ways for someone to increase the value of their home and renovations are one of the most straightforward. At the same time, some investments offer a better return than others.
Once you’ve accepted an offer on your house, the next thing you should do is schedule a moving company. The earlier you plan for the moving company, the more time you’ll have to research your options and ensure that you can reserve the date you need. 
When you are a first-time homeowner, learning about your property can feel overwhelming. There are a number of systems in your home that require routine maintenance. Knowing when to have system serviced will help keep your home running smoothly. From the plumbing in your home, to the heating and cooling, understand that each system may need routine maintenance from time to time.