Hiring a general contractor is a good idea for many remodeling projects. Home renovation contractors have a broad range of skills to manage, coordinate and complete a project.
The average garage remodel ranges from $6,000 to $26,000, depending on the current condition of your garage and how you plan on transforming the space. Keep reading for a breakdown of the costs of finishing a garage and options for financing your project.
Your total cost will depend on the type of room you add and materials. The average cost to add a room above a garage is $50,000, though it often ranges from $25,000 to $100,000 for most projects. This usually comes out to around $100 to $300 per square foot.
Enhanced Property Value: A well-finished garage can increase your home's resale value. Potential buyers may appreciate the extra livable space. Improved Aesthetics: A finished garage can look more appealing and organized, contributing to the overall appearance of your home.
In summary, renovating your garage with both low-cost and high-impact upgrades can add considerable value to your home. Whether you're replacing the garage door, adding storage, or converting the space into a livable area, these improvements can make your home more attractive and functional.
Cost-Effectiveness: Plywood and OSB are often more affordable than other wall materials like fiber cement board or metal panels, making them a budget-friendly option for homeowners looking to upgrade their garage walls without breaking the bank.
When you increase the value of your property, your property taxes can be expected to go up at the same time. So, doing something like building a new detached garage on your property is going to elevate the value of that property, and you will be faced with a bigger property tax bill as a result.
Some benefits include: Customization: An unfinished garage allows you to design and customize the space according to your specific needs and preferences. Cost savings: Unfinished garages are generally less expensive compared to finished ones, providing cost savings during the construction or renovation process.
The most expensive part of building a garage is typically the labor and materials. Skilled labor, including tasks such as framing, roofing, and installing electrical systems, can significantly drive up costs.
Finishing garage walls can help transform the area into a functional and appealing space. Whether your client wishes to turn their garage into a workshop, home gym or an extra living area, properly finishing the drywall is essential.
We build these spaces into our floorplans so that homeowners can customize their living space to better fit their needs. Flex spaces go by many names, whether you call it a loft, a family room, a bonus room, a study, or even a F.R.O.G. (Finished Room Over the Garage).
Benefits of Hiring a Pro Garage Remodeler to Finish a Garage
A construction or renovation company that specializes in garages or has ample experience transforming garages will know the ins and outs of the project and will be able to ensure its safety, efficiency, and compliance with any local rules.
Shiplap is an excellent choice for garage walls. It's cheap, easy to put together, and lasts for a long time. Unlike drywall, solid wood can support the weight of nearly anything you decide to hang or attach to it. The speed with which shiplap may be put up is a big benefit.
If you're tackling a single-car garage, you can expect the total cost to land somewhere between $360 and $840. For a two-car garage, the cost rises to $660 to $1,540. And if you have a larger three-car garage, you could be looking at $930 to $2,170 to drywall the entire space. Keep in mind that these are just averages.
#Your Real Estate Value And Return On Investment
It is estimated that a functional and finished garage can add $5,000-$25,000 worth of value to a house in California. According to Remodeling Magazine, a detached two-car garage costs about $50,000 to build and recoups nearly 65% at resale.
You can deduct expenses for a separate free-standing structure, such as a studio, workshop, garage, or barn, if you use it exclusively and regularly for your business. The structure does not have to be your principal place of business or a place where you meet patients, clients, or customers.
Some consider a garage finished when it includes livable space such as a bedroom, living space, or bathroom and looks similar to the rest of the home. Both an attached garage and a detached garage can be finished. On the other hand, an unfinished garage feels separate from the home.
PVC panels are impact-resistant, whereas drywall is prone to damage. Drywall contributes to landfill waste, decomposing into a pungent-smelling hydrogen sulfide gas. On the other hand, PVC panels are eco-friendly, have a low carbon footprint and can be recycled several times.
Drywalling a garage is a smart decision if you want to protect your garage from fires, moisture damage, and exterior noise. Most garages have flammable supplies that could result in serious damage in the off chance of an accident. Drywall is fire resistant, helping to prevent fires from spreading.
Plywood, MDF, or OSB is the best material for building garage walls because it is both inexpensive and easy to work with.