2 Car Garage Conversion Plans – Interested in turning an underused garage into a living space? Here’s your ultimate guide to everything you need to know about converting your garage.
To do so legally, you have to convert a garage into a guest room or ancillary housing unit. A guest bedroom is a living space that has a bathroom and wet bar, but no kitchen. These units cannot be rented long-term, but can be used by family members or guests.
2 Car Garage Conversion Plans
An accessory housing unit is your fully functional apartment. It has its own entrance, kitchen, bathroom and living room.
Cost To Remodel A Garage
Fun Fact: Thanks to new state regulations introduced in 2020, you can now build an ancillary unit on a single-family lot OR a multi-family lot.
Maxable has been at the forefront of many of these legislative changes, and we’ve already helped thousands of homeowners realize the potential of their property, whether it’s a multi-family or single-family lot.
Attend one of our free bi-monthly webinars where one of our ADU experts dives deep into getting your project off the ground, finding your perfect designer, and choosing the right general contractor for your ADU. You can register here.
In the case of a garage conversion, you must comply with local building codes, fire safety and zoning codes.
Cost To Build A Garage
Not only is this extraordinarily dangerous for anyone living in an illegal unit, but it’s also dangerous for the landlord because it exposes them to lawsuits. Imagine renting an illegally converted garage to someone and they start a fire.
Not only are you 100% liable for the damages, but if they’re injured, you’re on the hook for their medical bills and leave yourself open to a serious lawsuit.
It’s extremely risky! See our article on legalizing an illegal ADU if you already have one on your property.
In general, you can expect a garage conversion to cost between $120,000 and $180,000 if you’re in a major metropolitan area.
The Ultimate Guide To Garage Conversions
In addition to the fixed costs, which would be your construction costs, there will be soft costs associated with your project, which would include things like design fees, permits, title 24 calculations. See an example estimate below.
Is it more expensive than you expected? You are not alone. Not only do people grossly underestimate the cost of a garage conversion, but there is a lot of misinformation circulating the internet! HomeAdvisor.com lists a garage conversion for $5,986 to $19,163.
Where do they get these numbers from? I think the disconnect is people add flooring, drywall, and throw in a couch. This does not increase the value of the property and cannot be used as living space.
We have helped hundreds of landlords legally convert their garages into rental apartments, enabling them to generate passive rental income and maximize their ownership. Maxable can help you too!
Haus 3 Modern House Plan
Get started with our Maxable Pro Concierge Service, where your ADU expert will be your trusted guide from planning through authorization to selecting your general contractor. You can get more information here.
Andy from Los Angeles called us to talk about his project. Like many other homeowners who have fallen victim to misinformation online, he thought he could turn his garage into a legal living space for just $20,000.
“I was surprised when I was told the cost would probably be in the six figures and I almost didn’t want to do it anymore, but the Maxable consultant assured me that despite the cost, I could still get income from rent debts if it you rented long term.”
From there, he figured the safest option was to contact an ADU professional to not only have an ADU expert do a thorough evaluation of his lot, but also to get a better idea of how much it would cost to convert your garage. to your specifications. property.
Garage Conversions/accessory Dwelling Units — Nina Hiken Designs
Remember, just because your neighbor was able to build his project for $90,000, doesn’t mean your project will be the same. There are many factors that come into play such as:
After establishing a good budget, Andy’s advisor, Maxable, put him in touch with a reputable loan company and secured financing.
Then comes the fun part. Andy teamed up with a reputable local ADU designer, and they created a gorgeous one-bedroom unit that we estimated would fetch around $1,800 a month in their area. Not bad! Andy didn’t even have to worry about the permit or the city. Your designer has taken care of everything.
It’s finally time to select a general contractor, but in such a saturated market, how do you know you’re hiring the right team for your project? You can get an idea from our blog on how to choose a general contractor, but Maxable has also done the legwork to scour companies in your area and find only the best.
What Are The Standard Dimensions For A 2 Car Garage?
Not only did we connect Andy with our network of reputable general contractors, we also reviewed offers with him until he made a final decision.
Construction began soon after, and the rest is history! We checked Andy periodically during the garage conversion to make sure everything was fine.
Andy estimates that in three years the entire project will pay off. So it will bring another 22,000 a year.
The greatest return on investment from a garage conversion comes from homeowners who plan to own their property for the long term.
Example Garage Conversion, Extension And Carport Plans
In fact, I calculated that a $130,000 garage conversion leased long-term is a $1.5 million investment over a 30-year period. That’s a 12x ROI.
This assumes the garage conversion is rented out on a long-term basis. This also takes into account an increase in property value and inflation.
In fact, people are so sure that converting a garage into a living space adds value that pinball machines are starting to look for properties with detached two-car garages and make the garage part of their home.
Because extra space is now treated as extra square footage, it can add significantly to the price of a home.
Cost Effective Garage Conversion Ideas
In some cases, appraisers may even take an income-based approach to appraising the property. That means they treat it as if it were a duplex, determining the fair market rent for each unit based on comparable rents for other properties: how much income the property can generate.
Investors are also hungry to get into the ADU game. They see it as a relatively easy way to increase income from a rental property.
In addition to generating rental income, some homeowners are interested in converting their garage to help an elderly family member.
According to SeniorAdvice.com, assisted living costs in California range from $33 to $300 per day, with the average cost around $125. The monthly cost is about $3,750, or about $45,600 per year.
The Malvern New Home From Eagle Construction
Nursing homes are even more expensive. The average cost of a private room in a Los Angeles nursing home is $9,125 a month or $109,500 a year.
Converting a garage into living space for an extended family member still allows them to maintain their independence while still being able to be close to family who can help. Families with young children often benefit from having grandparents nearby to help supervise the children.
In fact, the main reason we see people interested in building an ancillary housing unit (grandparents’ apartment) is to house an elderly family member.
Yup! In fact, turning your garage into a grandparent’s apartment is one of the only ways you can LEGALly convert it into a living space.
Adu Floor Plans And Designs
In California, Washington, Portland, Austin, Denver, Boulder and other parts of the United States, converting an existing structure licensed as a garage has never been easier. If you want some advice on converting your garage, download this free guide to get started.
A legal granny flat has a bathroom, living room, private entrance, and kitchen. Want to learn more about the basics of Granny Flat? Check out this article.
Yes. To legally convert a garage you need to convert it into an accessory housing unit. By law, an ADU has a bathroom, kitchen, living room and private entrance.
Create easy access for the tenant or family member living in the converted garage. If you want to create some separation from your driveway and driveway, you can create a small covered area to allow the occupants access to the outdoor space.
Los Angeles Garage Conversion Adu In 2022
If you live within a half-mile of public transit or ridesharing, you don’t have to substitute parking!
If you are less than a half mile away, luckily the driveway can accommodate your parking needs. Different cities have different requirements for a parking space, but generally it’s a 9′ × 18.5′ space that is designed, meaning it can’t be dirty.
Another good news, parking can be tandem in the driveway. Then you can leave the driveway as it is.
It’s tempting to cut corners on a project like this, but remember that your house is the largest
One Car Garage Plans
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