If you've never considered turning your garage into a living space, it may be a good idea. This can not only add to your home's square footage but it also increases its resale potential. However, you don't need to convert your garage. There are other ways you can add living space. These are just a few options. Don't forget the many benefits of converting your garage. These are the top options.
The main benefit to turning your garage into a living space is that it adds more square footage to your house and is less expensive than a new room. A garage is usually an unused area, and most families don't have more than one car. You can make your garage a habitable space by converting it to a workroom or spare room. Depending upon your goals, you might choose to install a bathroom within the renovated area.
It can be complicated to choose the color and design that you want for your garage. There are many factors to consider, including the color of your garage walls and the style of your doors and windows. In addition to the colors, you should also take into account the existing features of your house to avoid clashing with your garage's style. Although you can use different colors, your garage should not look out of place.
You should also consider the impact of the project on the home's market value. While adding additional living space to your property can increase its value, it can also reduce the storage space in your garage. If you are considering a garage extension, make sure to consider all of your options and talk with an architect or real estate agent. If you aren’t certain about the feasibility of a garage conversion, you may be better off buying a new home or giving away your yard space.
You will need to do a few things once you have made the decision to make your garage a living space. First, replace all wiring and walls. If your existing lighting is inadequate, you will need to install new lighting fixtures. Also, insulation is important. You can transform your garage to a living space by installing an electrical system. Consider adding an Xbox and a gaming console to your garage if it is home to the family's car.
If you want to add a separate bedroom, you should consider converting your garage into a living space. You'll have a larger space, but you'll lose outdoor parking space. This is a great way to add more living space to your home without losing valuable outdoor space. However, be prepared to compromise some features. You'll need a permit to rent the space. If you plan to rent the space converted, you will need to add insulation and drywall.
FAQ
Is it possible to live in a house that is being renovated?
Yes, you can live in your house while you renovate it.
Can you live in a house and have renovations ongoing? The answer depends on how long the construction work takes. If the renovation takes less than two months, then you can live in your house while it is being built. You cannot live in your house while the renovation process is ongoing if it lasts more than two years.
The reason why you should not live in your home when there is a major construction project going on is because you might get hurt or even killed due to falling objects from the building site. You could also suffer from noise pollution and dust caused by the heavy machinery used on the job site.
This is especially true if you live in a multi-story house. In this case, the sound and vibration created by the construction workers might cause severe damage to your property and its contents.
As I mentioned before, while your home is being remodeled, you'll have to manage the inconveniences of living in temporary shelters. You won't have all the amenities of your home.
When your dryer and washing machine are in repair, for example, you won't have access to them. Additionally, the smell of paint fumes or other chemicals will be a constant annoyance as well as the banging sound made by workers.
All these factors can lead to stress and anxiety among you and your family members. You should plan ahead to avoid feeling overwhelmed by this situation.
Research is key when you are considering renovating your home. It will save you money and help you avoid costly mistakes.
You can also consider professional advice from a trusted contractor to ensure smooth running of your project.
How do I select a competent contractor?
Ask your family and friends for recommendations when choosing a contractor. Check out online reviews. You should ensure that the contractor you select has experience in the field of construction you are interested. Get references from other people and review them.
Is it better to remodel an older house than build a brand new one?
There are two options if your goal is to build a new home. A pre-built home is another option. This type home is already constructed and ready for you to move in. You also have the option to build your home from scratch. You will need to hire a professional builder to help design and construct your dream home.
The cost of building a new home depends on how much time and money you spend designing and planning it. You'll probably need to do the majority of the construction work yourself if you build a custom home. This will require more effort. You also have greater control over the materials and their placement. It might be easier to find a contractor that specializes in custom-built homes.
A new home is typically more expensive than one that has been renovated. Because you will need to pay more money for the land and any improvements made to the property, this is why a new home is usually more expensive. You will also need to pay inspections and permits. On average, the price difference between a new and remodeled home is $10,000-$20,000.
Statistics
- According to the National Association of the Remodeling Industry's 2019 remodeling impact report , realtors estimate that homeowners can recover 59% of the cost of a complete kitchen renovation if they sell their home. (bhg.com)
- They'll usually lend up to 90% of your home's "as-completed" value, but no more than $424,100 in most locales or $636,150 in high-cost areas. (kiplinger.com)
- Rather, allot 10% to 15% for a contingency fund to pay for unexpected construction issues. (kiplinger.com)
- Most lenders will lend you up to 75% or 80% of the appraised value of your home, but some will go higher. (kiplinger.com)
- The average fixed rate for a home-equity loan was recently 5.27%, and the average variable rate for a HELOC was 5.49%, according to Bankrate.com. (kiplinger.com)
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How To
How much money should I spend restoring my old house?
The cost of renovating your home depends on how many rooms you want to update, what kind of renovations you plan to do, where you live, and whether you're doing it yourself or hiring professionals. Depending upon the size of the renovation, the average cost ranges between $10,000 and $50,000.
You'll probably get less than the market value of your home if you don’t include the cost of repairs, upgrades and other improvements. You might even lose money if you put too little effort into making your home look its best before selling. However, investing enough energy and time into improving the appearance of your home can help increase the value you get for it when you list it.
These factors can help you make a decision about which projects to take on first.
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Your budget. You can start small if you have limited funds. You can start small, for example, by tackling one room at a given time. Or you can hire a contractor who specializes in kitchen remodeling to make some major changes without spending a lot of cash.
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What are your priorities? You decide what you are going to do with your home. One issue can become a major problem quickly, so it's important to choose a single area. For example, if your roof leaks after it rains you may have to replace it sooner than expected.
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Your timeline. If you're thinking about buying another property soon, you might want to prioritize those projects that won't affect the resale value of your current home. For example, if you're looking to buy a new place next year, you probably wouldn't want to install hardwood floors or replace your bathroom fixtures right away. These updates might be best left until you are ready to move out of your current house.
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Your skills. You might not have the skills to complete a project. If your carpentry skills don't allow you to build custom cabinets, then it might be possible to hire a cabinetmaker to help you.