Increasing home value is on the forefront of most people’s minds, especially if they are hoping to sell their home eventually. Renovating the kitchen, adding a bathroom, and recoating their patios are some of the common upgrades that people prioritize when they want to increase their home value, but what about garage upgrades?
A garage is the often forgotten room of a house that can actually make a big impact when trying to sell your home. Garages that are completely packed with random items so it doesn’t even look like a garage anymore can be unpleasant to look at. Most of the time, buyers want to see a nice, clean garage that will be useful for storage, a home gym, or other purposes.
There are many options to choose from in home renovations but take a look at 8 simple garage upgrades you can do that can increase your home value.
1. Upgraded Garage Door
Investing in a new garage door can significantly enhance the curb appeal and overall value of your home. Especially if your garage door hasn’t been replaced recently, a new garage door can make the home look much newer.
Some popular garage door styles that buyers love include the following:
- Raised panel doors
- Recessed panel doors
- Carriage house doors
- Flush panel doors
- Full-view doors
2. Epoxy Garage Floor Coating
A well-coated garage floor not only looks great but also provides durability and protection against stains and damage. Epoxy flooring is perfect for garages because it is easy to clean and is resistant to chemicals that may leak from cars or other items in your garage.
Epoxy flooring is also great to implement in your garage because of the smooth and glossy finish epoxy leaves. You can also personalize your finish to make it the style and flake color of your preference. Just this simple addition of epoxy can be a valuable garage upgrade and make your floors look great.
3. Insulation and Climate Control
Adding insulation to the garage and installing a climate control system (heating and cooling) can make it more usable throughout the year and appeal to potential buyers. Insulation and/or climate control could be especially valuable for people who will be spending more time in the garage for things like doing on house projects, working from home in an office in the garage, or exercising.
With modern technology and solutions, there are many options for insulation that can fit your budget. Some common insulation options homeowners consider are fiberglass, spray foam, rigid foam, cellulose, and even a new fireproof insulation.
4. Improved Garage Lighting
Upgrade to brighter and energy-efficient LED lighting to make the space more functional and attractive. Bright lighting also makes the garage safer, as tenants can avoid tripping hazards or obstacles that aren’t as visible in dim lighting.
Not only does brighter lighting make your garage more functional, it also makes the curb appeal of the garage better. Nice lighting on an epoxy floor coating with flake colors can provide a sparkling effect that adds to the aesthetics of a garage. Having a well-lit and tidy garage can leave an overall positive impression on people driving or walking by.
5. Electrical Garage Upgrades
Electrical upgrades, such as additional outlets and circuits, allow homeowners to use the garage more effectively for various purposes. Adding outlets can make it easier to work on large projects, provide a charging station for an electric car, and enhance safety. Older homes may have outdated electrical systems that can be prone to overloading and pose safety concerns.
6. Garage Storage and Organization Systems
The value of a home can be increased by garage storage and organization systems because they increase functionality, aesthetics, and overall appeal to potential buyers. Garages are often a space for homeowners to park their vehicles, store large items that don’t fit inside the home, and pursue hobbies. Making the most out of the organization systems in a garage can make a garage much better.
Storing items in totes or boxes rather than placing them on the ground is an easy way to improve the appearance of a garage. Along with improving the aesthetics of the garage, creating a storage system makes room for homeowners to park their vehicles in the garage to protect them from outdoor elements.
A homeowner can also utilize wall-mounted organizing systems like slat walls and pegboards to keep tools and equipment easily accessible and well-organized.
7. Additional Parking Space
If possible, create more parking spaces by expanding the garage or adding a carport. An extra parking space can add $10,000-$25,000 to the home’s value on a residential property. In densely populated areas, parking space is extremely valuable.
Providing a parking spot saves time by eliminating the need to go searching for a spot on the street to park, which can be a major appeal for potential buyers. Remember to add that coating to protect your concrete from wear and tear.
8. Enhanced Security Features
Installing security features can prove to be worth it when you try to sell your home to safety-conscious buyers. Surveillance cameras, motion sensors, and alarm systems are simple features that can enhance the security of the property. Additional security measures can also be a deterrent for burglars and unwanted visitors.
A security system is also a way to give peace of mind to homeowners, even when they are away from home.
Increase Your Home Value
Although commonly overseen, garage upgrades have proven to be an essential aspect of home features that can make a home more valuable. Remember these 8 suggestions when you decide that you would like to increase your home value.
