The Garage Upgrade: Increasing Your North East Calgary Home’s Value with Renovations
When it comes to increasing the value of your home, many homeowners tend to focus on upgrading the kitchen, bathrooms, or other key living areas. However, one area of the home that is often overlooked but can have a significant impact on your property value is the garage. Whether you’re planning to sell your home soon or simply want to increase its value for the future, a garage upgrade in Northeast Calgary can be an excellent investment.
Factors that Impact the Value Added by Garage Renovations
Dave James, the owner of Canadian garage door repair in Calgary, says that the amount a garage renovation can add to the value of your home depends on a number of factors, such as the amount of work done, the condition of your garage before the upgrade, and the real estate market in your area.
According to a report from Remodeling Magazine’s 2021 Cost vs. Value Report, the average return on investment (ROI) for a garage door replacement is around 93.8%. This means that, on average, homeowners can expect to recoup nearly all of the cost of a garage door replacement when they sell their homes.
Here are some ideas to consider when upgrading your garage in order to increase your home’s value:
Maximizing Your Garage Space
One of the most effective ways to upgrade your garage is to maximize its usable space. This can be achieved through the installation of additional storage solutions, such as cabinets, shelves, or wall-mounted organizers. You may also want to consider installing overhead storage solutions or adding a workbench or tool storage area for a workshop space.
Upgrading Your Garage Door
The garage door is often one of the first things people notice when they approach your home. If your garage door is old or broken, it can hurt the look and value of your whole house. Consider upgrading your garage door to a modern, high-quality model that complements the design of your home. You may also want to consider adding smart home features to your garage door, such as Wi-Fi enabled controls or an automatic opener.
Improving Your Garage’s Lighting
Another way to enhance your garage’s value and functionality is by improving its lighting. This can be done by adding more lights to the ceiling or putting task lighting in certain areas. Consider LED lighting, which is energy-efficient and long-lasting and can add a modern touch to your garage’s design.
Enhancing Your Garage’s Flooring
Upgrading your garage’s flooring can be an excellent way to add value and style to your home. Consider installing epoxy or another high-quality flooring material that is durable and easy to maintain. You may also want to consider adding a textured or slip-resistant surface for added safety and traction.
Insulate Your Garage
Insulating your garage can make it more comfortable and energy-efficient. This is especially important if you use your garage as a workshop or storage area. Insulation can also help reduce noise and improve the overall comfort of your home.
Add windows or skylights.
Adding windows or skylights to your garage can help to bring in natural light and create a more inviting atmosphere. This can be particularly beneficial if you spend a lot of time in your garage, or if you plan to use it as a multi-purpose space.
Upgrade Your Electrical System
Upgrading your garage’s electrical system can add value and convenience to your home. Consider adding additional outlets, lighting fixtures, or even a dedicated circuit for power tools or equipment.
Create a Mudroom
If your garage serves as the main entry point for your home, consider adding a mudroom area to help keep dirt, snow, and other outdoor elements from entering your living space. This can be done by putting in benches, hooks for coats, and places to put shoes and boots.
Add a Heating or Cooling System
If you plan to use your garage as a year-round living space or workspace, consider adding a heating or cooling system to keep it comfortable in all seasons. This can be achieved through the installation of a space heater, an air conditioning unit, or even a ductless mini-split system.
Upgrading your garage can be an excellent way to increase the value and functionality of your Northeast Calgary home. By considering the upgrades mentioned above as well as other improvements that meet your specific needs and preferences, you can create a garage that adds value, convenience, and style to your home. Whether you plan to sell your home soon or simply want to improve its overall value, a garage renovation can be a smart and rewarding investment.