If you are building a house, would a three-car garage add more resale value to the property? Do people like a three-car garage better or would they rather have a two-car garage with a larger, more open floor plan?
Obviously, a three-car garage would require more money to set up than a two-car garage, although the extra cost per square foot would most possibly be comparably small. A larger garage could boost your home’s resale value and help you entice a prospective buyer someday.
In this article, we will explain why a 3-car garage is quite a good investment
Why build a 3-car garage?
If you own 3 cars, it is best to build a 3-car garage. If your garage is good for only two cars, then you will be leaving the other car outdoors unprotected. If you ever choose to sell your home someday, a three-car garage may be attractive to buyers who also own three cars.
Yet even if you do not have three cars, a three-car garage can make sense if you need extra work or storage space. You may choose to park just one or two cars in the garage and assign a section to deposit garden and lawn apparatus or to work on a hobby.
If you presently have items in a storehouse, the regular fees can rapidly snowball into a huge expense for you. Instead of paying for rental fees, you can save money in the long run by developing a bigger garage and storing your belongings there.
If you have a three-car garage, you will be capable of keeping all your cars out of snow, rain, and ice, as well as from the hot sun. Possible buyers will most likely appreciate not having to clear snow and ice off their cars before leaving for work during the winter and not getting into an oven-hot car in the summer.
Disadvantages of having a three-car garage
Depending on the magnitude and style of the lot, you might lose a considerable amount of space if you build a three-car garage in the yard. If you are aiming to develop a new house from the ground up, a three-car garage may inhibit your layout preferences for the rest of the house.
Why do investors want a three-car garage
If most houses in your area have three-car garages, you might find it difficult to sell your house if it only had a one or two-car garage. Conversely, if most homes have two-car garages, a three-car garage may be an added bonus for prospective buyers.
Future buyers who are considering two comparable homes, one with a two-car garage and one with a three-car garage, the bigger garage may clinch the deal. If your budget still allows, it may be a solid idea to put in more for a larger garage to have the added convenience, raise your property’s value, and to make it sellable in the future.
In conclusion, a three-car garage is worth the extra cost for several reasons: First, you can park as many as three cars safely; second, you can have space for storage or a place to work; last, it will raise your resale value.
