Are You Considering a Major Home Addition? Why a Detached Garage Can Drastically Improve Your Resale Price.
Before you make a major structural change to your property, it is important to consider how this will affect your resale value. While there are many steps that you can take to improve your property, the addition of a detached garage may be beneficial to you and may drastically improve your resale price when you are ready to sell. You can contact a trusted real estate agent today to obtain customized information about how the addition of a detached garage may affect your property's value. Call Karen anytime with your questions.
Adding Square Footage to Your Home
As a property owner, you may be well aware that one of the most common ways the value of your property is determined is by the market rate for price per square foot of homes in the area. While factors such as age of the property, condition of the property and amenities in the neighborhood may affect whether your property's price per square foot is above or below market average, the size of the improvements has a direct impact on property value. Adding a detached garage adds square footage to the property, and a real estate agent can help you to determine the true financial gain you may experience through this addition.
Increasing Appeal to Potential Buyers
Properties that are more appealing to potential buyers may sell for a higher price. When you add a detached garage to your property, you may be adding style and function to the property by adding a place to park vehicles and to store items like seasonal items and lawn equipment. You can also create a detached garage with a workshop or another functional area for added appeal.
Transforming Existing Space
Some home additions will add a detached garage to a property because a garage was never constructed on the property, but others will be added because the homeowner wants to transform the existing garage attached to the home into a more functional area. For example, a new home addition, may turn the existing garage into a living room, a bedroom or another functional area. With the addition of a detached garage, the property owner can retain the benefits of having a garage while also improving the functional use of the main area of the home.
The addition of a detached garage can benefit you and your family in a number of ways, and it can also improve the resale value of your home. By speaking with a real estate agent, you can get a better idea as to how much it will benefit you in improving your sales price. Call Karen today for a FREE market evaluation or to discuss any questions you may have regarding enhancing your current home or moving to another home that better suits your needs. Should I move or should I stay. What will improve my sales price or what will just improve my enjoyment. Those are good questions for your Realtor to equip you with the answers so you can make an informed decision to remain in your current home or move.
For more information about real estate in the Louisville, Jefferson, Oldham, Shelby, Spencer, Bullitt county areas, contact me, Karen Rodriguez, at 502-643-2255 or email soldbyk@gmail.com. Years of Experience, Experience the Difference, in fact, 30 years difference. If you are looking to purchase, you can search all available properties for sale on my website and save your favorites, even set up to email yourself new listings in the areas you are interested in.
Go to: WWW.SOLDBYK.COM to search ALL Greater Louisville Properties for sale including Southern Indiana and all counties.
If you are thinking of selling, call me for a FREE home evaluation in your neighborhood, from staging, pricing, housing values, interest rates, how appraisers are valuing properties, now that the guidelines have changed. I would love to sit down and talk with you. Just call me and let me know how I can help with your real estate needs.
