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Updated about 8 years ago, 10/17/2016

User Stats

9
Posts
10
Votes
Jana Colgin
  • Kannapolis, NC
10
Votes |
9
Posts

How important is it to have a garage?

Jana Colgin
  • Kannapolis, NC
Posted

I am narrowing down SFH properties in preparation for my first purchase. Of the 4 at the top of the list, two have an attached garage, and two do not. The houses with garages are $15,000 more. Is it worth a $15,000 higher list price to buy a house with a garage? I'm not looking to flip, but to buy and hold. These houses are in NC, so there's not much in the way of winter weather. I'm assuming it's easier to find tenants if your rental has a garage, but that the monthly rental income would be similar. Or am I wrong, will the house rent for a higher monthly rate with a garage? All advice welcome, thank you.

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