Should I add a car garage to increase the home apprisal value?

[Mary M.]

Hi All,

I am currently involved in renovating a property and want to follow the BRRR strategy for it. Some other homes in the neighborhood have garage and some don't. There is a covered parking area in front of the house that can easily be changed to a car garage which should cost me about 4-5k.

How much do you think adding a garage can increase the appraisal value? Does it worth to spend 4-5k for making a garage or not?

Thanks,

Mary