Cost vs Value: Garage Addition

Continuing our series tackling the cost of a construction project versus the value that it immediately adds to your home, today we are looking at a garage addition. Check back every week for new blog posts and information on how to invest in the value of your home.

Construct a 26-by-26-foot freestanding two-car garage, including footings and slab-on-grade foundation, 2×4 wood frame with OSB structural sheathing, and gable truss roof at 6/12 pitch. Install 25-year asphalt shingle roofing with galvanized metal flashing; vinyl siding and trim. Install five double-hung 30-by-48-inch vinyl windows; one 30/68 exterior door with half-glass and lockset; and two com- posite 9×8 overhead doors with motorized openers. Include 100-amp breaker at main house panel and 50 linear feet of trench buried conduit to feed new electrical sub- panel. Provide electrical wiring for open- ers; three-way switching for fluorescent ceiling fixtures over each bay; three-way switching for two exterior spotlights; outlets to code. Interior wall, floors, and ceilings remain unfinished.

Average Cost For The Pacific Region: $98,630.00
Average Pacific Region Resale Value: $73,706.00
Cost Recouped: 74.7%

National Average Cost: $81,315.00
Nation Average Resale Value: $53,608.00
Cost Recouped: 65.9%

Data pulled from costvsvalue.com