Re: What value does xtra garage add to ARV? - Posted by Jim IL
Posted by Jim IL on January 20, 2001 at 17:08:41:
I’d advertise the home now with the numbers you have in mind, they sound about right to me.
See what kind of leads on buyers you get from the initial advertising.
If you do not get a decent response or an offer right away, check the building codes, and make some changes if possible.
You can finish the bathroom in the garage for relatively little money.
Perhaps $1k - $1500 using some decent in expensive materials from Home Depot or somewhere like that.
Then, you could finish the attached garage and make it another bedroom or family room.
I had a home like this that I lived in for a while.
The attached one car garage was converted to a family room and a seperate un attached garage was built.
Covering the garage door will be the trick. You will need to make sure that it matches the rest of the outside of the house, and seals well.
Lots of things you can do, or you could always sell it to someone and let them decide what to do.