A kitchen extension, loft conversion or perhaps even place a hot tub in the garden are normally the areas people look to increase the value of their property, did you know that you can add significant value to your property by installing a garage?

In fact, in a report published by Nationwide, they stated that the addition of a single garage can add up to 11.1% to your property price, whilst a double garage will increase it by a whopping 20.4%.

And when you think about it, these statistics make sense. Not only does a garage offer a secure and safe place to park your vehicles, which in turn can help lower the cost of car insurance. But you can also use the garage as an extra room to your home, which can be turned into anything you desire, such as an extra guest room, a study or perhaps an art studio for the creatives amongst us.

So, with this in mind, what should you think about when installing a garage?

Location

Ideally, you want to pick a space on your property that is flat and has good drainage. However, if you are struggling to find the right location, you should speak to experts who can help. Companies like Lidget, the largest concrete garage suppliers in the UK, have years of experience and will be able to help you find the perfect location for your new garage.

Style

Whilst garages serve a number of useful functions on the inside, you also want to make sure they look appealing on the outside. Lidget offer customisation options, so your garage can complement your home and lifestyle. You can have a specific finish for your garage, one that matches your house, such as a brick wall or stone wall cladding. There are other customisation options in the form of roller shutter garage doors or if you’d like extra security there is the option of a 4-point locking system. For those with two cars or in need of space for tools and storage, there is wide variety of double garages available from Lidget Compton.

Durability

Installing a new garage can be costly, so you want to ensure it will stand the test of time. Picking high quality, durable concrete is a safe option, as concrete garages are incredibly solid structures that can weather all seasons and are built to last. And remember, even though the price of a new garage may be high, the return on your investment is significant, so it’s well worth the initial cost.

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Daniel Peacock

 

3 Replies to “Add Value to Your Property with A Garage”

  1. Great. Very informative article. I like it, especially b’coz it has contained all the valuable lessons regarding the garage in a very efficient way.This is something really helpful.

  2. Which Nationwide report did the 11.1% figure come from? I’d love to be able to access this. Thanks x

  3. Hi Rachel see here https://www.nationwide.co.uk/-/media/MainSite/documents/about/house-price-index/What_adds_value_to_your_home.pdf which is just one report regarding the extra space adding value. Also take a look here at Virgin Money https://uk.virginmoney.com/virgin/living/article/how-to-add-value-to-your-home/ who suggest it’s a good idea to convert garages to add value further…

    The extra space can be used for extra rooms, extra storage, some will use attached garages to knock through into larger family rooms, kitchen spaces, bedrooms, utility spaces and offices whilst unattached garages can be converted from anything to summerhouses, man caves, bars and gyms which are all very positive features when it comes to selling your home.

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