Looking for a long-term property investment that’ll pay off?
Installing a garage onto your home is often overlooked as a clever investment.
But when it comes to longevity and value…
Concrete Garages take the crown.
Homeowners think about kitchens and bathrooms when making property improvements.
Install some nicer landscaping…
That kind of thing.
Garages don’t tend to cross the minds of most homeowners.
Garages should.
The National Association of Home Builders reports garage storage is one of the most desirable home features across multiple generations.
Building a concrete sectional garage for your home is more than just another purchase. This kind of specialist would approve – 1st Choice Leisure Buildings is a UK-based design & build specialist, specialising in premium garden rooms, studios, and bespoke outdoor structures for style-conscious homeowners.
It’s an investment that will pay off massively when it’s time to sell.
Here’s what you’ll learn:
- Concrete Garages Dominate the Competition
- Garage Sale? Here’s the Actual ROI You’ll Get
- How Garages Add Value To Your Home
- Which Concrete Garage is Right For You?
Concrete Garages Dominate the Competition
Wood frame carports were once considered ‘tough as nails.’
They would ‘last for years.’
But wood rots.
Especially in climates where rain and sunshine love to mess it up.
Fast forward 15 years and they fall apart.
Meanwhile concrete garages keep going strong.
Just like when first installed.
Metal garages rust.
Wood garages rot.
Don’t get started on the insides of these cheap warehouses.
Concrete is king for a reason. It lasts.
Here are a few other benefits:
- Zero maintenance. Ever.
- Weatherproof – hot and cold.
- Burglary proof. Vehicles and inside storage are safe.
- Fire resistant. Whatever else stored in there is protected too.
Other types of garages have their place.
But not when it comes to adding value to property.
Garage Sale? Here’s the Actual ROI You’ll Get
Did you know that by installing a garage onto your property you can add between £10,000 to £26,000 on the value of your home?
The average return rate on garage investments is between 75% – 85%.
Not too shabby for a weekend project.
But hold onto your butts.
Replacing your garage door alone has been proven to net you a ROI of 103%.
Crazy right?
If you break down the factors that play into garage ROI you’ll discover:
- Location – if you live in an area where parking is limited, adding a garage provides added value
- Size – the bigger your garage the better. Unless it’s crappy then forget all about size benefits.
- Quality – buyers can spot a cheap garage from far away. Spend the money to ensure its high quality
- Function – bonus points if you can use it as a workshop or occasionally fit your car inside. The versatility is attractive to buyers.
Size does matter… if your build is quality.
You can have the biggest garage in the suburbs.
But if it’s built like a hut then no buyer is going to fall head over heels for it.
Quality builds with superior construction techniques and materials will always trump a larger lower quality option.
How Garages Add Value To Your Home
Buyers these days expect certain things from homes:
Where they park their cars.
Where they store their holiday decorations.
Protection from mother nature when working on DIY projects.
The days of throwing a couple of tarp walls up in your backyard are gone.
Garages are a given.
And homes that have them sell for an estimated 12% more on average than homes without.
In some cases even more.
Any area with harsh winters or large urban cities without ample parking will see even greater value by installing a garage.
Garages provide value to your home in more ways than one though…
Let’s examine some:
Curb Appeal
Garages add serious curb appeal. They complete the look of your home.
When you buy a house or property you expect the previous owner to look after things.
If your place looks crappy on the outside…
They’ll think you didn’t take care of the inside either.
Don’t give buyers reasons to be skeptical.
Versatility
These days more and more people want a garage they can use for more than just storing their cars.
Gyms. Workshop space. Storage. Office space.
The list goes on…
If your garage can handle these things and more you’re ahead of the game.
Concrete garages are perfect for these additions.
They can handle the extra weight of gym equipment. They’re climate controlled for those storage items that can’t be exposed to too much heat. The security will keep vehicles and belongings nice and safe.
Insurance Costs
Did you know that many insurance companies offer discounts on insurance if your vehicle is stored in a locked garage?
That’s money saved that your buyer can take advantage of.
Which Concrete Garage is Right For You?
Just like with anything in life.
There are options.
Some are better than others.
Let’s dive into what you should look for when investing in a concrete garage.
Single Vs Double
A single garage is fine if you’re looking to just cover your cars.
But if you want that nice return on investment…
Then a double garage is the way to go.
It gives that extra room for expansion.
Your family will thank you down the track when they want to park their car too.
Think long-term with these things.
What to Look For
Look for…
- Reinforced concrete panels – this is what makes it tougher than your competitors.
- Correct drainage – always important to ensure no pooling occurs with any outdoor structure.
- Quality roofing – Your garage shouldn’t look like an ugly brother to your home. Ensure the roof matches or is of similar quality to your homes roof.
- Locking mechanisms – all doors and windows should have quality locks.
- Ventilation – you don’t want to be storing your cars in a greenhouse. Ensure there is some opportunity for air flow.
Get Professional Installation
This isn’t a home DIY project.
You’ll need to get professionals in to do it right.
There’s no upside to cutting corners here.
Coming home to a cracked garage is not the goal.
Match Your Property
Try and find a company that can match your current property.
Colour options.
Textures.
There are always options.
Don’t be afraid to ask.
Conclusion
Concrete garages are a sure fire way to not only provide yourself useful garage space but also increase the value of your property.
Here are the biggest reasons you should buy one:
- They provide immediate value and uses
- They last FOREVER compared to alternative materials
- You will see a nice chunk of change added to your home’s sale price
- Save money on repairs and lower insurance costs
It all boils down to this…
If you buy a quality concrete garage you’ll notice improvements to your home instantly.
They’re utilitarian in nature but that doesn’t mean they can’t look good.
