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Real Estate Dallas | Should You Convert Your Garage? ? salvana :D

Real Estate Dallas | Should You Convert Your Garage?

If you have been thinking about remodeling your garage and converting it into a family room, or another bedroom, there are some factors to consider first. Eliminating your garage space to expand the square footage of your home may sound like a good idea at first. But any and all remodeling projects should not only meet your current and present needs, but also have a positive impact on the long term value of your property.

In other words, when you go to sell your house in the future, will that extra square feet add to the value of your home? Some homeowners might tend to think so. However, in many areas, the value of having a private attached garage is more important to potential home buyers than the additional bedroom or family room that you were thinking about converting the garage into. Can you just make up for the loss of the garage by simply adding on an attached carport? Your money is best saved. Whether a house has a carport or not will generally not make a difference to a home buyer who really wanted a garage.

As an example, Amy Williams, a reputable Real Estate Agent in the area of Dallas, TX for the last 10 years comments: ?I just had a client last week who went to look at a house that met every one of his criteria on paper. But as soon as we drove up to the house and he noticed that the garage had been converted and no longer was a garage, he wouldn?t even get out of the car to look at it. An attached garage with a garage door in good condition and a working garage door opener is not a luxury. For most of my clients, it is mandatory, and they wont even consider a house without it. If you are thinking about converting your garage- don?t! You will never recoup the money.?

Another factor to consider is the tax appraising district where your home resides. Many tax appraisers for the city consider whether your home structure has an attached garage or not, and the home will definitely appraise for considerably less without the garage. If your home appraises for less, then when you go to sell your home in the future, it will be difficult for you to sell the house for more than the reduced appraised value. Check with the city appraisal district where you reside and ask them what they estimate the reduction in your home value will be.

It is also good to put yourself in the place of future home buyers who will be looking at your home. How does it compare to the majority of the other houses in your area? If every single house in your neighborhood has a converted garage, then it might not hurt your chances of resale to also convert yours. However, you will not recover the investment of the money you spent in the conversion, and you are discarding a distinct advantage that you would have in selling the ONLY home with a garage in your area. More than likely, though, if you live in a regular single family residence dwelling, all the homes in your area WILL have garages, and you would have a definite disadvantage competing against them. Not only would it take you longer to sell your home, and be more challenging to find a buyer, but your offers will almost always be on the low end.

Does this mean that if you need more space and do not have room on your land to build out from your home, that you are just stuck with the way things are? Absolutely not! Consider building ABOVE your garage. The untapped area above your house offers the potential of providing a means for adding on that additional bedroom, that game room, media room, or family room that you have been dreaming of. Plus, you get to keep the garage and you truly are adding value to your home in the best possible way?.additional square footage without the loss of a valuable commodity such as your garage.

Other people have found creative ways to capitalize upon the open space their garage provides, without having to build new construction or tear out the garage door. For instance, perhaps they were looking for a work out room. Some home owners have added to the back of their garages window unit air conditioners if they live in areas with unbearably hot summers, such as in Dallas, TX. They may add a ceiling fan to the light fixture in the garage also, and insulate the inside of the garage door. Perhaps they go ahead and finish out the inside of the garage with tape and bedding on the sheet rock, and then a nice painting job. They may put down some green turf or inexpensive carpet. Or, they might stain the concrete and seal it for a nice finished look. They can hang curtains, tapestries, or a folding screen room divider in front of the garage door. Then they bring in their exercise equipment and are ready to go! No construction was necessary. You didn?t have to eliminate the garage or the garage door. From the outside, it will still be apparent that you have a working overhead door. Yet, when you get ready to sell your home, you will have a very nice garage to show off! Meanwhile, you can enjoy the extra usable space you have created for your family.

Just remember that from the outside of your home, your garage door is still visible to the public. Keep it in good condition. If it begins to warp, if it becomes damaged during a hail or wind storm, if the paint begins to peel or fade, if the hardware starts to rust and loose function, or it becomes out dated, your entire home will look outdated and run down. Keep up with the maintenance of your garage door and call a reputable Dallas garage door company to provide you with the latest attractive and affordable options.

Veronica Welborn is a Garage Door Expert in the Dallas and surrounded areas. She enjoys giving expert advice to people looking for the best Dallas garage door. She highly recommends for any garage door needs in Dallas TX.

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Submitted On August 01, 2011. Viewed 11 times. Word count: 1,015.

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ByVeronica Welborn

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