Many homeowners are seeking to upgrade their property by investing in additional living spaces, either through side extensions or conservatories which can be rather expensive, or looking into updating their garden space with a new garden room. These are all perfectly fine solutions to achieving that desired extra living space to use as you choose, but a garage conversion is a brilliant option that can sometimes be overlooked.
Due to the current economic situation that Britain is in, thousands of Brits have become impacted in some form or another and are feeling the pinch. House prices are at an all-time high so homeowners are looking at other alternatives to moving. One of these is to invest in their current home by adding value and additional living spaces.
In this article, we will discuss the key benefits of a garage conversion and why it’s a great investment to make.
Can Add Value To Your Property
Investing in a garage conversion will help increase the value of a property by as much as 10-15%. This value increase will be dependent on the type of property you own, the location of your property and also the finished end product and quality of the conversion.
Converting a garage into an additional living space such as a bedroom with an en-suite will add the highest amount of additional value to your property by up to 20%. For garage conversions that are used for game rooms and home offices, the value will be around the 10% mark.
Allows For An Additional Living Space
This is one of the key benefits of investing in a garage conversion and is the main reason why homeowners decide to convert their garages. Adding additional living space to a property means you can use that space for whatever you want. Whether it’s just for a chill-out lounge area with a tv and sofas, or to create an extra bedroom, the main benefit is that a garage conversion creates a living space to meet your specific needs and wants.
Some Examples Of Converted Garage Space Uses:
- Granny annexe
- Living area
- Man cave/games room
- En suite
- Extra bedroom
- Kitchen area
- Dog groomers
- Hair salon/barbers
- Utility room
A Dedicated Working Space
Whether you are a carpenter looking to turn your garage into a workshop or you are looking to create a home office that gives you a dedicated working space separate from your home, a garage conversion is a perfect option. You don’t even have to opt for a full conversion, there are ways to optimise your space and if you want to keep your garage for partial storage space then this is easily achievable.
Won’t Reduce Any Natural Light
Unlike other types of conversions like a single or double-storey extension, a garage conversion won’t impact any natural light into your home. This is because a garage has its own existing structure so there’s no need to have to block or take out any windows. If you are looking to enhance the natural light for your converted garage, then adding a set of windows is a simple and effective solution. Not only will this be practical for allowing natural light to follow into your new converted garage living space, but it will also improve the aesthetics of your property.
Cost-Effective And Quick To Construct
Compared to other types of conversions, such as a loft conversion or single or double-storey extension, a garage conversion is a more cost-effective option with the average cost in the uk between £10,000 – £20,000. This price range will depend on the size of and type of garage and whether or not the garage is detached or attached. Detached garage conversions are often more expensive. They are fairly quick to construct as the foundations already exist which is why they are more affordable than other types of conversions.