Published at Tuesday, April 09th, 2019 - 17:33:31 PM. Home Decoration. By Amory Hofmann.
However, its still rare to find buyers who completely eschew them, though the data is scant. A recent poll conducted by Houzz found that only one in 10 respondents said they dont need a garage. A few years earlier, the National Association of REALTORS® 2013 Home Features Survey found that 78 percent of homeowners had a garage and that the feature is more popular among buyers of new homes and suburban and Midwestern homeowners. Sales associate Katie Horch, ABR, SFR, with Keller Williams Realty in Medford, N.J., thinks the importance of a garage depends on an areas inventory and buyer motivation. “Some are fine without it,” she says. Others “dont even use it for their cars but as a space to store things.”
Emphasize other, non-vehicular storage options. Many buyers put almost as much stock in a garage for storing possessions as they do for parking their cars. If a sellers home doesnt have a garage, ask what other storage exists within the house—in a basement, attic, or closets—and tout these in your marketing. For houses that dont have impressive storage options, you may want to research nearby off-site storage facilities. Converting back. The price to return a garage to its original status will depend on its size and quality, how elaborate its become, and the areas labor costs. For downtown Albuquerques smaller garages, Beecher estimates a cost of $3. But in more expensive markets such as Chicago, the cost could run 20 times that. “Youd have to gut the room, remove any overlaid floor structure to get back to the concrete, and reframe the front wall to accommodate a new overhead garage door,” says Klein. For buyers—and even some sellers reluctant to “undo” finished interior square footage—Roach suggests a compromise: Convert half the garage for a single car and leave the rest for residential use.
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