Investor · Manhattan Beach CA; Columbus, OH · Member since 2014 · 37 posts · 13 votes
I am remodeling a property I recently bought and am interested to know what everyone thinks about the property value impact of building a one-car detached garage on the side of a small 2/1 house vs. a two-car garage in the backyard.
A one-car side of house garage would fill in unused space on the side of the house and leave a much bigger backyard.
A two-car backyard garage would obviously hold two cars and/or more storage but would cut up a lot of backyard space and make the space on the side of the house useable only as a longer driveway.
Any thoughts on which might be better/worse for property value would be greatly appreciated!
Cincinnati, OH · Member since 2020 · 4k+ posts · 3k+ votes
5y
@Barry Smith, what do the other properties in the market have? What is the general demographics of the market?
I live in Cincinnati, and we intentionally built a single car garage when renovating our house. It is not attached, but we did not want to take up the whole backyard with a garage. Granted our house is larger and more catered to families, so wanted to have adequate yard for kids to play.
The more I think through it, I think older neighborhoods a single car is expected, if any at all. Additionally, with the pandemic, people are wanting more outdoor space, so having a yard that people can spend time in is more valuable.
Cincinnati, OH · Member since 2020 · 4k+ posts · 3k+ votes
5y
@Barry Smith, what do the other properties in the market have? What is the general demographics of the market?
I live in Cincinnati, and we intentionally built a single car garage when renovating our house. It is not attached, but we did not want to take up the whole backyard with a garage. Granted our house is larger and more catered to families, so wanted to have adequate yard for kids to play.
The more I think through it, I think older neighborhoods a single car is expected, if any at all. Additionally, with the pandemic, people are wanting more outdoor space, so having a yard that people can spend time in is more valuable.
Investor · Manhattan Beach CA; Columbus, OH · Member since 2014 · 37 posts · 13 votes
5y
Thanks for the feedback Evan... much appreciated! This home is located in a community on a Lake. So, more storage for boats, kayaks, bikes might be more useful, but maybe that just means there should be more storage space created in a one-car garage, and not necessarily a two-car garage. Backyard is not huge so having larger backyard may be more valuable. I guess I might decide to go with a two-car detached garage in the backyard IF a roof-top deck has a great view of the lake. If there is no view opportunity on that roof because of trees and other houses, I will probably lean towards a one-car garage with extra space for storage, and keep the backyard space free. Still puzzled!
Real Estate Agent · Buffalo, NY · Member since 2021 · 35 posts · 13 votes
5y
Hi Barry, during the Covid Pandemic, I think everyone has come to appreciate outdoor space so much more! I would build the one car garage and focus on making the backyard better. Decks, patios and built-in firepits are features that buyers love right now. Last year I sold a renovated 2 BR/1.5 bath ranch home. 2 bedrooms are harder to sell, but this house had a beautifully landscaped, fenced backyard with a patio and firepit. Sold $10k over list price in less than a week!
Investor · Manhattan Beach CA; Columbus, OH · Member since 2014 · 37 posts · 13 votes
5y
Thanks for the terrific feedback Gretchen! That's why I was thinking of a two-car garage in the backyard that has a roof-top deck (similar to the photo example) that would be a cool place to hang out if it had a great lake view that the ground just doesn't have. But, if not view, I think you are correct that I should go with the one-car garage and add the landscaped patio and firepit to a bigger backyard. Gotta have a firepit!!!