Is A Metal Garage A Good Investment For Property Value?

When looking to invest in a dwelling unit, property value is the key. Whether it is about selling it in the future or enhancing the functionality and appeal of your lot, adding value is always a wise choice. A popular way among homeowners is the metal garage investment – an innovative, cost-effective solution that blends durability with versatility.

How Much Can A Garage Increase Your Property Value?

A well-planned and functional garage space can add 5% to 20% to any home’s value, i.e., if your property price is $200,000, then a garage can add the value of $10,000 to $40,000.

Note that this price can be significant in suburban regions where parking is premium. How much value a garage adds to your property also depends on factors like location, design, existing housing market, etc.

Cities with limited parking areas may see a higher ROI on a garage building. Moreover, if you plan to convert a vertical steel garage into a living area, you may get an ROI of up to 80%, i.e., if the project costs you $20,000, you can get back about $16,000. 

Factors Influencing The Impact Of Garage Metal Building On Property Value

1. Size And Functionality

What size and layout of a garage should you pick? Well, it depends on your lot size, the actual land available for construction, and the maximum garage sq. ft. allowed by local building codes. For example, in Los Angeles, California, you can install a garage up to 1,200 sq. ft. (may vary with zoning rules).

Secondly, if your neighborhood has a mostly 2-car garage, it is best to choose one or a larger one, since opting for a 1-car parking space won’t make your property appealing. You can add the following to increase its functionality:

• Storage space
• Workshop area
• ADU (if allowed) 

Be sure to consider the type of vehicle that is common in your area when choosing the height and width of the garage door and the building. 

2. Design And Aesthetics

A garage that complements an existing home style seamlessly can enhance curb appeal, while one that looks out of place may do the opposite. Choose a design that is in harmony with the existing home and blends seamlessly into the property. You can have the best of both elegance and efficiency of metal buildings by choosing the right color scheme, roofing styles, and siding materials.

A well-structured garage boosts home value and attractiveness and will make it more appealing to potential buyers in the future.

3. Location And Market Demand

Your location and local market dynamics can influence the value of a garage. For instance, for suburbs and rural areas with limited public transport systems, personal car ownership will be higher, and so will the demand for parking spaces

In dense urban regions, space is often seen as a premium, so you can choose a residential-style garage to add value to your property. It is important to understand the market trends, such as buyer preferences in your neighborhood, real estate trends, etc. In this way, you can choose a metal garage to enhance your home value. 

4. Quality Of Construction And Installation

Choose quality materials and professional installation services to ensure your garage is durable and long-lasting. Be sure to weatherproof your metal building by adding the correct R-value insulator, proper ventilation, and waterproof silicone-based sealant for long-lasting endurance. Quality construction will give you the following:

• Reliable garage space that can withstand all weather conditions.
• Low-maintenance buildings that take less time and effort to clean.
• Visually appealing garage that is structurally sound and gives you a higher ROI.

We provide shipping and installation services to all our metal buildings to ensure you get the best deal and that the garage building lasts for years with minimal upkeep.

Customization And Versatility Of A Steel Garage Building

A. Custom Features Of Metal Parking Garages

Here are some of the features that you can add to a custom A frame garage, which will enhance appeal and functionality. 

• Lean-To: Add this to either side of the building or the front for a porch or a shaded patio space.
• Trim: Add this for extra support to vertical metal roof panels and gutters. 
• Wainscoting: Adds a protection layer to the side and end walls.
• Doors: Add roll-up doors for smooth entry and exit of cars and walk-in doors to access storage/ workspace.
• Windows: Place them strategically for natural lighting and fresh airflow.
• Insulation: Add the right R-value insulator for temperature control and reducing humidity.
• Colors: Choose from over 14 color options for trim, wainscoting, side and end walls, roof, and door for an aesthetic appeal.

B. Multi-Purpose Uses Of Steel Buildings

Here are some ways in which you can use a steel parking building:

Vehicle Storage Home Gym Storage Unit Game Room Art Studio Pet Shelter Home Bakery

Workshop Office Space RV/ Boat Parking Guest Suite Home Greenhouse Personal Retreat Music Studio

You can even renovate a steel garage as a tiny metal home for a dedicated entertainment space or teen room, or rent it out to make some bucks. 

C. Steel Parking Garages Structural Designs

• Attached: An attached garage leans on one side of your building. It allows easy access to the home but can’t be used for other work, like the home office, DIY home improvement projects, etc.

• Detached: A detached steel custom garage can be installed anywhere on your property and comes with versatile use. You can choose between side entry vs. end entry garages based on your property layout and use case. 

• Partially Enclosed: You can opt for a garage with partially opened side or end walls for light and air. You can further attach a deck on this side with sliding glass doors for accessibility. 

• Fully Enclosed: It is secured from all sides. You can choose a side entry metal garage with a wide entryway to access both cars at the same time. 

• Garage With Lean-To: If you are running low on budget but need a larger space, choose a steel parking garage with lean-tos. Here, you can pick a one car garage for parking while the lean-to can hold your garden tools and equipment from direct sun, rain, and snow.

Things To Consider Before Making A Metal Garage Investment

1. Local Building Codes – Many areas require construction permits for a new structure. So, be sure to secure all permits (deck, fencing, electrical, and plumbing included) to avoid any fines or delays. Moreover, some zones have restrictions on the type, roof, size, height, and placement of a parking garage. So, make sure to verify all these details before ordering your metal building.

2. Market Trends – Do research online and in your neighborhood to learn what type of garage design and capacity is the most sought-after feature. In suburban and rural areas, these often have high value since public transport is scarce. 

3. Budget And Financing Options – Factor in the cost of raw materials, labor, installation, permits, insulation, custom doors, insurance, and additional soft costs to get the total cost. If the upfront cost is high, you can choose our financing options for easy and feasible monthly installments.

Enhance Property Value Today With A Durable Metal Garage

Steel buildings offer a unique blend of affordability, durability, and versatility, which makes them an excellent choice for home and business owners looking to enhance their property value.

Whether it is about parking daily use vehicles, a workshop place for DIY projects, a hobby area, a guest room, or a home office, the utility of metal structures extends far beyond parking. Know more about this wonderful engineering marvel, which is not only durable but also has low upkeep. Call at (704)-741-1587 today.

Start your investment now!