Is a Garage Worth the Investment? Here’s What You Need to Know

Believe it or not, the humble garage is one of the most valuable features your home can offer. Whether you're thinking about adding a garage or upgrading an existing one, this investment often pays off in more ways than one.

💰 How Much Value Can a Garage Add?

According to HomeAdvisor, adding a garage can boost your home’s value by $12,750 to $33,200. Even better? You’ll typically recoup 75% to 85% of your investment when it’s time to sell.

And it’s not just about resale value. A garage adds functional appeal that today’s buyers are looking for. In fact, a 2019 survey by the National Association of Home Builders revealed that 85% of homebuyers consider garage storage a must-have feature.

🔨 Already Have a Garage? Consider These Upgrades

Even if your home already includes a garage, a few smart improvements can deliver serious ROI. One of the best? Replacing the garage door.

According to Remodeling Magazine’s 2023 Cost vs. Value Report, a new garage door brings an impressive 103% return on investment—making it one of the top low-cost, high-impact upgrades you can do.

💸 What Does It Cost to Build a Garage?

The national average cost for a garage addition is $28,222, though costs can range from $16,450 to $40,260 depending on size, style, and location.

Here’s a quick breakdown:

• One-car garage: Starts around $10,500

• Two-car garage: $14,500 to $40,300

• Detached garages: Typically 10–15% more than attached garages

📈 Is It Worth It?

In most cases, yes! The average ROI for a garage addition ranges from 64% to 81%, which could translate to an added $20,000 to $35,000 in home value.

Aside from financial return, a garage adds convenience, curb appeal, and can make your property more desirable—especially in climates where covered parking is a must.

Bottom Line: Whether you're thinking about selling soon or simply upgrading your home, a garage is a solid investment. Curious how a garage project could impact your home’s value? Let’s talk!

📩 Contact me for a free home value report or personalized selling strategy.