All Topics / Help Needed! / Adding a Garage – How Much Value Added?
Scenario : Looking at places in the semi-rural but largish town (25k pop +) and noticing that the houses are on large blocks with no garages. The Questions: What is the cost of the average 1 car garage (colourbond I guess)? How does the added value affect the overall value of the property? These people all have to use cars for transportation.
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I know I can, I know I can
Car ports are cheaper! And so are those prefab sheeds which you can fit a car into. You should be able to bump up the rent by $15-$25 (usually).
Check out Dolf De Roos book ‘101 Ways to Massively Increase the Value of Your Real Estate’. Thats got a great example with carports (from memory it’s the first one he gives).
Rgds.
Lucifer_auYou’d have to contact the nearest local manufacturer re: Prices, i’ve found some Rural areas have Prefab sheds very cheap, other than that you could get a local builder to ‘throw’ up 4 poles on a concrete pad and put colourbond roof on..
REDWING
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