Add a Garage to Increase Home Resale Value

With home values decreasing recently, more than ever you want to be sure that any home improvements you make will help add value.

A long know fact in the real estate industry is that the smallest and least expensive home in a neighborhood typically gets a higher appraised value per square foot than the largest and most expensive home in the same neighborhood.

With housing prices soon to reach a bottom and begin increasing again (real estate typically moves in 7 to 10 year cycles), now is a great time to buy a classic fixer upper and add long term value by making the right improvements to your home!

But with so many potential home improvement projects, how do you know which investments to make?

If your home does not have a garage, adding one can be another good investment to increase resale value; especially if you live in a northern location with a cold climate. For warmer climates, the return on investment may be less significant than other home improvement projects.

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