Are you tired of dumping all your unused stuff in your garage? Or do you wish to create an extra bedroom for that out-of-town guest? Whatever be the reason, garage conversion is the ultimate solution. Converting your garage into a bedroom, home office, or gym will not only add value to your home but also increase your living space without having to move your home’s entire contents. But what is a garage conversion cost in 2023?
Before converting your garage, it’s essential to understand the various factors that influence the garage conversion cost. The cost varies depending on the ADU size, scope, and the features you want to add to your living space. In 2023, an average garage conversion cost will range from $10,000 to $20,000. However, this cost could shoot up to $40,000 if you opt for luxurious upgrades such as underfloor heating, electric blinds, and sound systems.
The first factor that affects the cost of your garage conversion project is its purpose. Converting your garage into a home office or a gym might cost less than turning it into a bedroom. Installing a kitchen or a bathroom will require plumbing, electrical and structural changes, which will inevitably increase the overall cost.
Another crucial factor that affects the garage conversion cost is the location of your property. If you are situated in an expensive area, then your renovation cost will undoubtedly be higher. According to HomeAdvisor, the average cost of a garage conversion project will cost between $100 and $200 per square foot. But if the garage conversion is done in an upscale area such as San Francisco, the overall cost could rise as high as $300 per square foot.
Permits and inspections are an essential aspect of any renovation project. If you need a permit to convert your garage, factor in the cost of the permit. The permit fee could range from a few hundred dollars to $5,000, depending on where you live. Inspecting your home’s electrical and plumbing system is also necessary to ensure that everything is up to code.
Also, remember that not all garage conversions are created equal. A basic garage conversion might not require that many expenses compared to an upscale garage conversion. Thus, it’s crucial to have an idea of what features you want in your garage conversion project beforehand, as that might affect the cost.