It’s really easy to spend a fortune upgrading your garage. But how do you know which garage upgrades will actually increase your home’s value and which ones are just throwing your money away.
If you’re thinking of selling your house, potential buyers expect that the house will be finished to a high standard.
That extends to the garage too!
Here are seven garage upgrades and improvements that may actually increase the resale value of your home.
Upgrading your garage lighting is one of the most cost-effective improvements you can make, even if it doesn’t add a ton of resale value to your garage when you sell your house.
Any visitors you get (including potential buyers) will instantly notice that your garage is brighter than what they were expecting. Not only that, but it’ll make the time you spend in your garage so much more enjoyable and productive.
Cost: Between $25-$50 per light
A Shiny New (or Resurfaced) Floor
An epoxy floor coating is a system of resin and hardener that creates a rigid plastic-like surface. It comes in a range of different colors and finishes that resists oil stains, and won’t peel like paint.
DIY epoxy coatings are a very low-cost option that looks great as soon as it has been applied. Professional applications are available in a wide array of colors, but that can increase the costs substantially.
If you’re interested in seeing whether you should epoxy your garage floor, you can check out my article where I go into a lot more detail on the pros and cons.
Cost: Starting at $100
The right garage cabinets actually increase the resale value of your home – provided you don’t take them with you when you move.
Do Garage Cabinets Increase Home Value? Indirectly, yes. Garage Cabinets increase your home’s overall storage space, which is a big factor for potential buyers. In some cases, this adds several thousand dollars to the resale price of the home.
Keep in mind, that big of an increase in resale value only comes with ‘showroom style’ cabinets, which can be expensive to purchase and install.
Cabinets built from heavy-duty plastic or metal work well, providing lightweight storage solutions. These low-cost cabinets won’t provide much of a bump in resale value, however.
Garage cabinets come in a wide range of styles, sizes and build quality. For a better idea of how much garage cabinets cost, check out my article which lists thirty different styles from several brands!
Cost: $100 to $4000, depending on size and quality of cabinets
This is one of the bigger projects I’ve done in my own garage and I’m really happy with the results!
Whether you are planning to upgrade your garage yourself or getting an outside company to do this for you, consider insulating your garage walls and garage door.
Not only will it make your garage more comfortable and energy efficient, especially if you plan to actively heat or cool your garage, but it will give you more flexibility to add other upgrades later down the road.
Cost (Garage Door): About $150 for a 2-car garage door
Cost (Walls): About $500 for two walls
Garage Organization Systems
A place for everything, and everything in it’s place.
Everyone loves a clean, organized work-space, whether you’re talking about wall-mounted storage for bikes, skis, golf clubs, lawn & garden tools or even just getting your ladder off the ground.
Wall-mounted garage organization systems not only increases your garage floor space but ensures that all your stuff is easy to access when you need it.
Another pro-tip is to ‘zone’ your storage for different purposes. I have a four-foot section of Gladiator GearWall for lawn & garden tools, separate from my hand and power tools. That way, if I’m doing a project, everything I need is usually within arm’s reach.
Cost: Most systems have starter kits as low as $50
Let’s be real: You’ve got too much stuff and you need a place to put it.
In my house, we don’t have a lot of closet space and it would be amazing if we could put things we don’t use very often into storage. But I didn’t want to have stacks of rubber bins in a corner of my garage.
Then I looked up.
Our garages have a ton of wasted space under the ceiling or above the garage door. Several companies make overhead storage racks that will get your stuff out of the way, but still keep it accessible if you need it.
It’s a super-easy way to increase your closet space and floor space.
Cost: Between $60 and $400, depending on the size
Upgrade Your Garage Door
Replacing your garage door may be the most expensive garage upgrade on this list, but it’s going to give you the biggest bang for your buck.
Remodeling Magazine publishes a study each year on what major home improvement projects do to your home’s resale value.
They’ve consistently found garage door replacements at the top of the list, adding around 97% of the retail cost of the door straight into resale value.
There’s just no other project that gets you that much of a return on your investment.
Cost: Between $1000 and $3000