One vs two car garages

[Caitlin Caldwell]

Hey folks! My husband and I are starting the search for our first fix n flip property. I've found a promising place near us that we're interested in. However, it only has a one car garage and I'm concerned if that could affect resale. Need to verify, but there's only a very small chance there's enough room to convert it to a two-car, so current garage situation is likely as good as it gets. More info: 4/3, 2000 sq ft home near Denver, CO (so hail is a major issue; having had a car and a roof totaled within the last year I'm a tad paranoid!). It does have a storage shed in the backyard. Neighborhood is a fairly even mix of 1 and 2 car garages. 

In your experience, are one car garage homes harder to resell? In general for future knowledge, have you had any experience with whether or not converting a one car to a two car is worth it for a flip, or is it too dependent on neighborhood/price point to make any generalizations? 

I really appreciate any insights anyone can give. Thanks in advance!

-Caitlin

[Craig Curelop]

@Caitlin Caldwell - There won't be anyone who argues that a one-car garage is superior to a two-car. However, it really depends on the location and what the other houses in the neighborhood have. If you are the only one with a one-car garage, you will have a hard time selling the house. 

If all of the neighbors have a one-car garage, that is what is common in the neighborhood and shouldn't be an issue.