How does a garage conversion impact the property value of a home in the Peninsula?

Anonymous
Other/Just Looking
San Francisco, CA

I have a 3 bedroom 2 bath home in belmont with a 1 car garage. i am thinking about converting the garage into another bedroom. I was wondering how a garage conversion would impact resale. Will this conversion make my home less desirable without a garage or will this extra space be considered valuable. - thank you

Answers (6)
Richard M. John...
Agent
Sherman Oaks, CA

Hi Anonymous, I guess that would depend on how the garage flows with the house. People always like more space but maybe based on your area, people would prefer a garage more. maybe have the garage professionally done to where it looks good on the inside and can easily be used as a bonus room or garage.

Tue Oct 23 2007, 01:21

Leave the garage as it is if you want to sell. The additional room will not increase your value. It will only make things worse.

Mon Oct 22 2007, 22:12
Pam Winterbauer,...
Broker
San Ramon, CA

This will have a negative impact on the saleability of the property.

Most buyers today want a two car garage with a three bedroom, two bath home. By adding a 4th bedroom you are creating more liveable space and taking away the parking you have.

Mon Oct 22 2007, 20:53
Ed Gory
Agent
Redwood City, CA

Would definitely have a less than desirable impact on resale value. By doing it, you eliminate probably the majority of buyers who would prefer garage space to a 4th bedroom. If it was a 2 car garage and you were converting one side to a room of some sorts, it would be a little bit of a different story.

Tue Oct 16 2007, 17:02
Artur Urbanski
Agent
Burlingame, CA

It definitely will have a negative impact on the Peninsula. As "Realtyexec" mentioned - there are many factors so the amount will vary dependent on specific neighborhood and other factors.

Web Reference: http://www.cimpler.com
Tue Oct 16 2007, 16:25
Realtyexec
Broker
San Jose, CA
FIRST ANSWER

Depends on a couple of things. If you take out the garage is there enough parking on the street. Are you planning on doing this by yourself or with permits using a contractor. Also do most of the homes in your immediate area have the garages converted.

Tue Oct 16 2007, 14:02

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