I don't recommend it. Most people want a garage to store their car and other items in. If not done property this could also prevent your home from qualifying for FHA and VA loans. This would limit the resale potential for your property dramatically.

In general, Newnan area homes with garages sell MUCH faster than other homes in Coweta County that do not have garages. I frequently have buyers who require a garage as part of their search, and who won't even look at a home without one, but wanted to study the actual numbers before I responded here.

The results of the analysis?

You'll want to think about keeping that garage, since the statistics show that you'll probably find it more difficult to sell when you get ready to move on if you convert the space to anything other than a garage. Some price ranges added as much as 200+ days to the average time on market when no garage was available--and the numbers were up across the board. The average days on market (across all price ranges) of homes WITH garages was 141. The average days on market (across all price ranges) of homes WITHOUT garages was 308.

The average sales price was ALSO affected: The average sales price in Coweta County for homes without garages was $113,440 compared to the average sales price of $193,722 for homes WITH garages.

I would consult a realtor to study your specific situation before you move forward with this remodeling effort.

Good luck to you!

You'd really have to consult with a Realtor in your area to determine that. It also depends on your specific neighborhood and what people expect from the homes there. For example, if your home only has 1.5 baths and most of the houses in your neighborhood have 2 or 2.5 baths, then it could make sense to convert the half bath to a full one. On the other hand, if your house already has 2.5 baths and you're converting a half bath to a full one, it might not make as much sense.

Similarly, in some areas garages are very highly valued. Lots of people won't buy homes without garages. If you're in a neighborhood mostly with 3 bedroom homes, it might not make sense to add a 4th bedroom (which wouldn't be highly valued) while sacrificing a 2-car garage. So, it really depends.

What you really ought to do, first, is determine what will make the home more liveable for you. If you really need that 4th bedroom and really need another full bath, that's fine. Still, since you're concerned about adding value to your home, check with a Realtor. In many areas, a 4th bedroom will add a little, but not too much. Converting a half bath to a full bath will add a little; it'll add more if you only have one full bath at the moment. It won't add very much if you already have 2 full baths.

You'll find that very few improvements return 100% of the cost. Adding a full bath to a home that only has one probably will. Doing a moderate rehab on a severely dated kitchen probably will. Adding a 4th bedroom and sacrificing the garage probably won't. Adding skylights won't. Finishing an unfinished basement might. Again, though, a lot really depends on what's expected from the homes in your neighborhood.

Hope that helps.