Arkansas Appraisal Question

[Katelyn B.]

Hi everyone,

We ave rehabbed our second property and are about to refinance. We are currently living in it but plan to Airbnb or long term lease this property later this year. This is a 3/2 ranch with an attached 2 car garage.

We are still finishing cleaning up the garage - it is now insulated and painted and we will be epoxying the floor and likely adding a window A/C unit. I realize this may sound like overkill, but the garage was in awful shape and we live in a mountain biking tourist area. The garage will be used for mountain bike storage and as an area to work on them.

Our idea is to have this as a garage/livable rec room (see photos below for ideas). We want to keep the overhead door, and there are two windows. If the area is properly temperature controlled and up to code with smoke detectors, is there anything else we should do/know to influence how this is listed on the appraisal? Would it be better to be a garage or additional living space (460 sq. ft.)? 

Any advice would be greatly appreciated!

Katelyn