Even though you might love your current home, you may find that, as time goes on, you may become limited on the amount of available space – particularly as your family begins to grow. While an extension is another option, this is quite an expensive job, so it may not be the best choice. I spoke with a surveyor who specialise in conversions, Michael, who advised the cost of a garage conversion could be up to 70% cheaper than an extension. So if you don’t use your garage for much else, you can convert it to create additional living space on a budget.
Below, we will go over some information about converting your garage into a living space to help you decide whether or not this type of home improvement is right for you.
Why Convert a Garage?
Modern garages are often not used for storing cars but are, instead, used for storing gardening tools, toys, and junk. If you choose to convert your garage, you can change it from essentially a dumping ground to a practical living space.
The costs involved with a garage conversion are usually much less than the cost of installing an extension or completing a loft conversion. However, it offers the same benefit of adding extra living space where needed.
A successful garage conversion can add a considerable amount of value to your home, so it’s seen as a great investment. It is estimated that this type of conversion may add around 10-15% to the value of your property.
Another advantage of this type of work is that you can add space to your home, which prevents the need to move house. With the rising cost of moving, a garage conversion may be the best cost-effective solution to your needs.
Will a Garage Conversion Add Value to Your Home?
A garage conversion will definitely add value to your home. Plus, there is the added benefit that you won’t have to lose any of your garden space like you would with an extension. Also, as most of the conversion work will be contained inside the garage, the disruption to the rest of your home is minimal.
Garage conversions can add some significant space to your home, and potential buyers will look favourably on this. For example, a potential buyer may require an additional bedroom, so this means the value of your property will be higher.
What Can a Converted Garage Be Used For?
You have many options when deciding what your converted garage will be used for. In many cases, a converted garage will simply serve as an additional bedroom as your family grows or for accommodating guests.
Another option is to create an office space away from the rest of the home. With more and more people working from home now, this has become a common use for a garage conversion.
Below is a list of other potential uses for a garage conversion:
- Extended kitchen
- Dining room
- Granny annex
- Children’s playroom
- Bedroom with en-suite
- Cinema room
How Much Does It Cost to Convert a Garage?
The cost of converting a garage can vary depending on the type of room that you’re creating, the size of the garage, the ease of access, and your location in the UK. Those based in and around London will pay more for the garage conversion than people who live in other areas.
For an idea of the cost of your project, contact a few different companies for quotes so that you can get an idea of how much the work is going to cost. This way, you can make any necessary amendments needed so that the project fits in with your budget.
The price for this type of work will usually range from several thousands of pounds up to tens of thousands of pounds depending on the type of work needed.