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Updated over 3 years ago, 05/21/2021
Buying/Renting homes w/ garages converted in separate rooms
Hi,
I've noticed that it's not uncommon to see homes where the garages were converted into separate living space. The listing prices don't appear any different than homes w/ garages, so the owner isn't getting any price appreciation benefit. Does anyone know if the converted garage adds any markup to the rent? TIA
Alex
I've noticed that it's not uncommon to see homes where the garages were converted into separate living space. The listing prices don't appear any different than homes w/ garages, so the owner isn't getting any price appreciation benefit. Does anyone know if the converted garage adds any markup to the rent? TIA
Alex