Zillow Advice: Home Improvement - Will replacing a single garage with a new 2.5-car garage add value to our home? http://www.zillow.com/advice-thread/Will-replacing-a-single-garage-with-a-new-2-5-car-garage-add-value-to-our-home/480225/ Zillow Advice | Zillow Real Estate Are you in a neighborhood ... http://www.zillow.com/advice-thread/Will-replacing-a-single-garage-with-a-new-2-5-car-garage-add-value-to-our-home/480225/ Are you in a neighborhood and area where most of the homes have 2 plus car garages? Or are the homes predominately single car garage? Fri, 01 Mar 2013 03:59:00 GMT http://www.zillow.com/advice-thread/Will-replacing-a-single-garage-with-a-new-2-5-car-garage-add-value-to-our-home/480225/ 2013-03-01T03:59:00Z My vote and opinion is that ... http://www.zillow.com/advice-thread/Will-replacing-a-single-garage-with-a-new-2-5-car-garage-add-value-to-our-home/480225/ My vote and opinion is that you will get back more than your investment (125%) in the garage and you will happy during the next snowstorm, which is priceless. Tue, 26 Feb 2013 18:11:00 GMT http://www.zillow.com/advice-thread/Will-replacing-a-single-garage-with-a-new-2-5-car-garage-add-value-to-our-home/480225/ 2013-02-26T18:11:00Z Each year, the NAR's Realtor ... http://www.zillow.com/advice-thread/Will-replacing-a-single-garage-with-a-new-2-5-car-garage-add-value-to-our-home/480225/ Each year, the NAR's Realtor magazine puts out a cost vs. value article highlighting the average costs of 35 remodeling projects and the associated expected returns in terms of resale.&nbsp; An updated list can be found by clicking this <a href="http://www.remodeling.hw.net/2013/costvsvalue/division/south-atlantic/city/atlanta--ga.aspx" rel="nofollow">link</a>.&nbsp; For the southeast, the average garage addition in the southeast cost $46,123 and resulted in a $30,461 increase in the home's value (66%).&nbsp; None of the 35 projects were expected to yield a 100% return on investment at the time of sale with the top one being fiber siding replacement at 78% nationally.<br/>If you are considering the improvement solely for the purpose of increasing your home's value, I wouldn't recommend spending the money.&nbsp; If you are considering doing it because you will get 5-6 years of benefit and enjoyment out of it, do it if it is worth $8500 to you (the 34% you would theoretically lose on it).<br/><table class="tablesorter"><tbody><tr class="even"><td align="right"><br/></td><td align="right"><br/></td><td align="center"><br/></td></tr></tbody></table> Tue, 26 Feb 2013 02:11:00 GMT http://www.zillow.com/advice-thread/Will-replacing-a-single-garage-with-a-new-2-5-car-garage-add-value-to-our-home/480225/ 2013-02-26T02:11:00Z In our portion of the US, ... http://www.zillow.com/advice-thread/Will-replacing-a-single-garage-with-a-new-2-5-car-garage-add-value-to-our-home/480225/ In our portion of the US, North Dakota, garages add a great amount of value to a home. &nbsp;The price difference between a similar home with a 2 stall garage, to that which has a 3 stall garage can be 20k to 30k. &nbsp;In my opinion, a garage is one of the wisest improvements one can make, and will definitely appreciate the property! Tue, 26 Feb 2013 00:25:00 GMT http://www.zillow.com/advice-thread/Will-replacing-a-single-garage-with-a-new-2-5-car-garage-add-value-to-our-home/480225/ 2013-02-26T00:25:00Z 99% of remodel jobs never ... http://www.zillow.com/advice-thread/Will-replacing-a-single-garage-with-a-new-2-5-car-garage-add-value-to-our-home/480225/ 99% of remodel jobs never return the full amount spent, but if you plan to keep it for another 5-6 yrs, you might get it back by then. If most of your comparables only have 1 garage, then it might not be worth it, but if many of them have 2 car garages then perhaps it will work out. If the house could use more 'space' for stuff then it also might be a plus. Mon, 25 Feb 2013 23:06:00 GMT http://www.zillow.com/advice-thread/Will-replacing-a-single-garage-with-a-new-2-5-car-garage-add-value-to-our-home/480225/ 2013-02-25T23:06:00Z