Property’s Value Increase with a Metal Garage
Whether you build a metal garage or barn, adding extra storage to your property is a smart decision. Not only will you be able to use that storage for your own needs, but chances are good that if you go to sell your property, this will be an attractive selling point.
Homes with garages tend to sell for more than those without in every major U.S. metro area, homes with garages sell for an estimated 38 percent more than comparable homes without them, A property’s value is determined by the market rate per square foot of other houses in the area. A recent study at the University of Florida found that a regular-sized metal garage added to a home will increase its value.
While you may have no intention of selling your home now or anytime soon, it’s always good to feel confident that you can recoup any money you invested in your property. Almost anything you do to a home can add value to the right buyer. So, when potential clients ask us “Do metal garages and barns add property value?” We tell them that almost always yes. As long as your storage structures are built well, you’ll be able to pass them onto the next owner.
Not only does a metal garage offer a secure and safe place to park your vehicles, which in turn can help lower the cost of car insurance. But you can also use the metal garage as an extra room to your home, which can be turned into anything you desire, such as an extra guest room, a study or perhaps an art studio for the creatives amongst us.
The saying goes, you don’t know what you’ve got until it’s gone. Whoever said those words was talking about having a metal garage. If you’ve never owned a home with a metal garage, it might not keep you up at night. But once you’ve had that extra space for organization and productivity in your home, you can never go back. If you plan on selling your current home one day and it doesn’t have a metal garage, put yourself in a garage homeowners’ shoes. It’s a deal-breaker, and the proof is in the resale value.
In practically any case, building a metal garage can and will increase the resale value of your home. Most homeowners see about an 81% return on their investment or an increase in the resale value. That puts metal garages near the top of the list for home renovations that consistently return on their investment, just under major kitchen upgrades.
For a lot of people, finding a place to park in the winter is even more difficult because more people drive to work when it’s cold outside, And when you finally do find a parking spot at the end of the day, you usually have to shovel the snow before you can park there. If you have a metal garage, you may have to shovel snow from the driveway, but at least your car won’t get buried overnight.
If you are looking at increasing property value, being able to choose from different styles and options creates a better chance of being able to find a metal garage that is going to enhance the rest of the buildings on the property. This adds true value to the overall look. Now is the time that you can add great value to your property in a more efficient and economical way. Just contact us now to get a hassle free quote.
