i have a 3 bedroom 1.5 bath house with a 1 car garage that was finished to look like a room but no bathroom would it add more value to convert a

Asked by Homeowner, 32810 Wed Feb 10, 2010

studio?

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Jeri Creson’s answer
Jeri Creson, Agent, Studio City, CA
Wed Feb 10, 2010
This depends entirely upon whether or not you are talking about doing it with a permit. If you add square footage to your home legally, you add value. Now, mind you, that adding sq. footage by losing a garage will not gain you as much dollar for dollar value, as it would had you built on an addition separately and also retained a garage.

If you're thinking about doing it without permits, you could be shooting yourself in the foot and limiting the number of buyers who could qualify for your home because FHA won't allow converted garages without permits.

Best of Luck!

Jeri Creson, Broker
TotalAccess Realty Advisors
(818) 448-1298
jericreson@yahoo.com
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