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Updated about 2 years ago on . Most recent reply
Garage Rehab when flipping an older home.
I'm wondering whether a garage rehab will affect a potential buyer's decision on a purchase? Especially when dealing with older homes.
Most Popular Reply
Quote from @Nathan Grabau:
You need to drive around your neighborhood and see what other people are doing. This will give you a good idea of whether buyers in the area expect a garage. If people expect a garage and they are not going to get one at your house, you will shrink you buyer pool.
In most areas, this is not a huge value add(for resale at least). That being said, in some fast growing/ high population density areas, the value is very high.
(response written from my office which is ironically a garage conversion)
Thank you Nathan.