Converting a garage into additional living space can be a great solution if your current living conditions are cramped and, if done properly, some have estimated it can add an additional 10% to the value of your home! Garage conversions can add a much needed room in your home if space is tight - Image courtesy of sphconstruction.co.uk. Finding temporary and permanent space to store the original garage items. And speaking of the timeline, finishing your garage and turning it into a beautiful living space is a time-consuming task. It usually takes four to six weeks to complete the project, but supply and labor shortages could add delays.
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Experts agree that the costs for converting a garage can range from $8,000 to $25,000 or more. Major variables include plumbing and electrical work. Plumbing can quickly become a big expense, depending on what you plan to do in your living space. Stephany Smith, a certified plumber from MyPlumber, says, "If you want to transform your garage.. Because a garage already has a foundation, walls, and a roof, using the existing structure typically costs around half what you'd spend for an all-new addition. Depending on what features you want, you'll probably spend $20,000 to $50,000 to convert a two-car garage. If there's a bathroom in your plans, add another $15,000 to $25,000.
