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Updated about 2 years ago on . Most recent reply

User Stats

6
Posts
1
Votes
Rob Cross
  • Realtor
  • PORTSMOUTH VA
1
Votes |
6
Posts

Garage Rehab when flipping an older home.

Rob Cross
  • Realtor
  • PORTSMOUTH VA
Posted

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

User Stats

6
Posts
1
Votes
Rob Cross
  • Realtor
  • PORTSMOUTH VA
1
Votes |
6
Posts
Rob Cross
  • Realtor
  • PORTSMOUTH VA
Replied
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. 

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