Residential markets in the U.S. are reaching all-time highs, and people are looking for ways to expand their living spaces inside their own houses in Houston. They may have plenty of reasons to convert garage into living space. Some of the ideas that the conversion of a garage can include are: Studio (art, music, design,
Residential markets in the U.S. are reaching all-time highs, and people are looking for ways to expand their living spaces inside their own houses in Houston. They may have plenty of reasons to convert garage into living space.
Some of the ideas that the conversion of a garage can include are:
- Studio (art, music, design, etc.)
- Kids playroom
- Study Room
- Garden House/ Botanic House
- Gym or theater
About “Planning Permissions”
In most states, converting a garage into a living space is permissible. However, it is always a good idea to get in touch with the local authorities of your listed building or your neighborhood where your property is located. Planning permission will grant permission from the local authorities to go ahead with the garage conversion.
These permits can cost up to $1,000 or $1,500, but you can also end up paying as low as $300. Getting a planning permit allows you to make changes to the garage of your house or apartment according to your specifications, without any local authority intervention.
Costs Involved in Garage Conversion
It is possible to recover over eighty percent of the garage conversion costs from home value. Some experts agree that the cost of converting a garage into a living space can be as high as $50,000. On the other hand, it can be as low as $5,000 to $10,000. Cost factors include:
- Type of garage (integral, detached)
- Floor plan, insulation, roofs, and removing the partition wall to the house
- Electrical upgrade to accommodate increased energy load
- Planning permits
- Windows, door, and other renovation
- Coloring and furniture
- Employment of architects or engineers in case of large garages
- DIY renovation involves tools and equipment
Benefits of Converting Garage into a Living Space
The biggest advantage of converting an existing garage into a living space is the cost savings you incur. Having or starting an add-on renovation to your real estate means incurring high costs. However, when your property already has a garage, it becomes easy to increase the living space, the square footage of the living area by simply renovating it.
If your family has one car and you leave it in the driveway, it is only viable that you convert your unused garage into a living area. With clusters of dirt accumulating in the garage, sometimes it is possible to start renovating your garage in no time at fairly low or even no costs! Hence, impeccable cost savings are slightly probable.
This can certainly improve your home in Fort Worth value if your neighborhood does not require off-road parking spaces.
Setbacks and Restrictions of Converting Garage into Living Space
If you use the garage as a living area, you lose space to store unused and unnecessary stuff. Without a garage, you’ll have to park your car in the driveway, where it can be susceptible to car theft. So while you may get some extra living space, you compromise on security for your car.
In regions with extra cold winters, the probability of snow accumulation is high, so many buyers look for a property with a garage for their vehicle. In this scenario, your home’s value can potentially drop, as opposed to the view that a garage living space increases your home’s value. Hefty renovations and tools costs are also a vital setback.
Moreover, you might have to pay more property tax as after the permit; you will legally have more living area square footage.
Your living needs determine whether you should convert your garage into a living space or not. You can go ahead with the project if the local authority allows it and you need extra space attached to your house. However, if there are some setbacks possible like the ones above, it is feasible not to convert your garage into living space.1 comment