Converting your garage into a liveable room will, not only add value to your home but will also go a long way towards meeting the demands of modern day living. Here's a definitive guide to your garage conversion to an ADU. Whether you need a playroom for the children, a teenager's bedroom, or a home office, changing your garage can do the trick. Are you maximizing your property's potential? When we sold it created interest as a potential extra bedroom and also a granny annexe. Garage Conversions and Home Value. We converted our garage space 25 years ago to create a family room which was a godsend during the kid's teenage years. A basic integrated garage conversion will cost from around £8,000 (or £400-640/m²). Cheaper conversions can be achieved but they will always feel like a ‘converted garage’ & may not add the full value to a property. Also, since most of the work will be carried out inside the garage… The data also shows that adding up to a 3rd bedroom can have an average increase of 6.2% for the median home. By adding additional living space to your home it is possible to add a substantial amount to the value of your home, particularly if your garage is converted to an additional bedroom. Photograph: Alamy The main garage is now a utility space … If you have more than one garage, it makes even more sense to do! So, What Does It Cost? In terms of how much value it can add, Virgin Money suggests converting a garage can add 20% to the value of your home. “If you are comparing two- and three-bedroom semis, the price jump is significant,” she says. If you want to do it yourself, or hire a specialist garage conversion company, whether you want to convert your garage into an extra guest-bedroom, home-office or luxury home-cinema - … Because a garage already has a foundation, walls, and a roof, using the existing structure typically costs around half what you’d spend for an all-new addition. This is less than the value you could add to your home by converting the garage, so this is one project that really does make great financial sense. In general, a two-car garage can add a good 600 square feet of living space. If you have more than one garage, it makes even more sense to do! In-Law Apartments. Virgin Media reports that ‘at around £8,000, garage conversions are much cheaper than building an extension and could up the value by as much as 10 per cent’. Of course, the biggest advantage when it comes to converting a garage is the added living area. As a guide, a good single garage conversion incorporating these element will be in the order of £12 to £20K. There’s no doubt that converting a garage will add value and, probably more importantly, you won’t have to sacrifice garden space for building an extension. Renovate your rooms – open plan living is a trend that doesn’t seem to be going anywhere, so give your home a makeover by knocking down some walls, and opening up your living and kitchen areas. The housing market fluctuates constantly, so there is no correct answer when it comes to garage conversions. If you have plenty of room to park on the driveway, then go right ahead. That’s an estimated dollar increase of about $19,813. Instead, you may consider converting your loft to an additional room or storage space. So, where do I start? However, when you do something like convert the garage into a 3rd bedroom for example, making a 2 bedroom house into a 3 bedroom house adds “real value”. As long as the “bedroom” can be used as covered parking for a vehicle and meets all the other requirements to legally remain a garage, then it is not technically a garage conversion, but just “garage remodeling.” Of course, it is still a garage if you just add some shelves, overhead storage, or even a … And if you’re planning to sell your home within three to five years, a garage conversion is usually not a good idea. Just like wallpaper, texture on walls and ceilings is difficult to … Added value: $80,000 with drop … This isn’t always the case; it depends on where you live. By adding an extra extension to the back, this garage conversion has cleverly become three rooms in one. the conversion of your garage into a bedroom should be a rather cost effective and relatively stress free project. If you’re lucky and have a double garage, you can even convert half the space, keeping somewhere to park your car but still benefiting from a new room.One of the great things about converting an existing structure is that you don’t need to lay new foundations or build walls from scratch; something tha… Texture on the Walls and Ceilings. Improve the interior layout by knocking through. For the most part, experts agree that converting your garage into living space does not add value to your home. It depends on the neighborhood and the house. Increasing the amount of usable space in a home always equates to adding more value. Based on our data, we found that, all other things being equal, your home value has the highest increase when adding a second or third bedroom. We live in an age where a study, media room, games room, rumpus room or teenage retreat are now standard inclusions in the floor plans of most new builds. 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