Are you planning to take in a boarder? A garage conversion is a great way to create the space you need to rent out. In this instance, the money spent on the renovation can be reclaimed through rental payments (and you may be able to chip away faster at your mortgage too!).
Avoid Hidden Moving Expenses
There are many hidden expenses involved in moving to a new house: on top of the monetary difference between your current home and the new one, you have to consider stamp duty, removalist costs and any renovation costs that will be necessary to make the new home comfortable and practical. A garage conversion is a great way to gain the extra space you need without all the hassle and hidden cost associated with moving.
Loss of Storage Space
The most obvious thing you’ll loose with your garage conversion is the space to store your vehicle. Of course, if yours is a double garage, you can have your cake and eat it too! – by dividing your garage you can renovate half of it and still park your car out of the elements.
A simple carport may be a way to overcome this obstacle – do you have room to erect a carport so that your vehicle can be parked out of the weather?
And what about somewhere to store all the extra clutter? While this might seem a problem, it’s a hurdle that can be overcome with relative ease – use this opportunity to de-clutter and talk to your building team about creating storage solutions as part of your renovation project.
Your Future Buyer’s Needs
Ultimately, every home renovation project should increase not decrease the resale value of your home. When considering your garage conversion ideas, be sure to think about your future buyer’s needs – for example, if car parking space in your street is at a premium, converting your garage may not be the best option for you.
If your garage conversion involves changing the exterior of your home, you will need to obtain the appropriate permits from your local authorities. It is important to remember that if all building works are not done legally, your home insurer may drop the value of your home. So, while it’s not usually difficult to obtain the necessary paperwork, it may involve time and a bit of hassle.
Where Do I Start?
The team at Combit Constructions pride themselves in garage conversions that blend seamlessly with the rest of the house. From initial idea through to completion of your project, you need the guidance and input of the professionals. We would love to help you achieve the best possible outcome for you and your family, while ensuring that your renovation project adds significant value to your home.