Renovate or relocate? Homeowners are constantly debating this issue. But over the past few years, this question has become increasingly hard to answer. With the volatile housing market and rising interest rates, it’s not always realistic, let alone wise, to sell your house.
Moving costs. Market volatility. High competition and low inventory. The physical act of moving itself. There’s no shortage of stress when it comes to relocating. And with people waiving inspections and putting offers down to snap up homes faster than ever before, it’s not uncommon for people to wait six months to a few years before finding their dream home! Buying, selling, and moving is a huge undertaking.
Outside of getting a new job or seeking a better school district, not having enough space is the most common catalyst for finding a new home. But if more space is all you’re after, a garage conversion is the perfect solution. Since the structure is already there, there’s no need to sacrifice any outdoor space. And since just over 80% of owner occupied homes in the US have a garage, you probably have one to convert.
While a well-executed garage conversion adds plenty of living space, homeowners typically see a fantastic ROI as well. Depending on the details of the project, garage conversions have been known to recoup as much as 80% of their initial cost.
Great designs don’t come out of thin air! It takes a lot of planning and expertise to successfully convert a garage. And the plans will vary depending on the end goal. Do you need another bedroom? Guest suite? Gym or office?
At the very least, you’ll have to obtain a building permit. If there’s a new water or sewer tap, make sure to set aside time to liaise with the city’s engineering department. And if you’re considering converting your garage into a short term rental unit, consult the STR guidelines first.
In addition to the permits process, your garage conversion will be subject to a number of inspections, which you can view here: via League City Building Department. If you’re already developing a headache just thinking about the paperwork and the whole process, get in touch with our League City team so that we can help.
With plans and permits in order, it’s time to break ground, so get your contractors and materials in order! Be sure to give yourself ample time (and then some) because it can be challenging to arrange the schedules of different contracting teams, as well as timely deliveries from suppliers.
Don’t let your contractors leave before you know exactly what kind of warranties or guarantees you’re entitled to. If something goes wrong, you’ll be happy to know you have the right documentation to support your claims.
As will be obvious by now, garage conversions take a lot of coordination! But you don’t have to go it alone. Our League City team of renovation professionals is here to help. If you’re interested in a stress-free process, simply get in touch with a local League City Remodeling Consultant to arrange a free consultation during which you can discuss your goals, ideas, and potential plans.
All Refresh Renovations franchises are independently owned and operated.
If you would like to find out how Refresh Renovations can support you with a high quality, efficient home renovation, get in touch today. Your local Refresh Renovations consultant will be happy to meet with you for a free, no obligations consultation.