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Updated over 10 years ago,
Rent potential / value added of adding a garage?
Hi,
I'm interested in a 3 bed, 1 bath / unit duplex. The duplex has a large yard and driveway, but has no garage (plenty of room for it).
The duplex is an up / down that I think can go for 650 - 700 / month of rent.
I want to build a free standing two car garage. How much does a separate garage stall for each side increase rents / equity? I understand you can't give me hard numbers, but I'm just curious of examples or rough estimates.
Thanks,
Andy