Cave Garage built into a mountain...Value?

[rossola]

Hey there, just throwing out this oddball for discussion and thoughts. A local gentlemen is blasting rock out of a mountain here in Colorado and is building a cave garage. Any thoughts on how you would value this. I am kind of new to the profession and the forum so thought it would be a fun one to discuss.

 

[Tom4value]

It’s a fricken cavity in a mountain. Putting a car in it doesn’t make it a garage. Tell Wile E. Coyote that he wins the originality award but unless you have other comps with cave garages, he has nothing of value.

Welcome to the profession and the forum!

 

[Terrel L. Shields]

 

[TerryRohrer]

Well, then call it a wine cellar. But if it were me, I would recognize that it has the utility of a garage and value it as such. A friend/in-law spent most of a decade digging these holes in California. In High School, I worked for a construction outfit that built a shop into a hill side. Done right, they can maintain temperatures suitable for working in without heating or cooling...just right in summer and just right in winter.

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[sputnam]

It's still.. or will be... a garage. What is the contributory value of a garage in the market area?

 

[Tom D]

Another poster case of cave life discrimination.

 

[Zephyr999]

Those folks out west do some weird stuff.

There's a neighborhood of burrowed/underground buildings being marketed in either WY or MT...I believe the listing stated prevents robbery, keeps property safe when not around.

 

[Surf Cat]

So.....you can buy dynamite in Colorado without some sort of certification that you're an explosives expert? After getting by that hurdle.....you would think you'd need some sort of 8x8 supports, rebar, cement columns...to shore it up from caving in. Could you imagine just waxing the car in your cave garage and it collapses? "Crud....I just waxed the car!"

 

[Trihard]

Good luck supporting that adjustment, including the 0.

 

[shrubberyvaluation]

$11,954.62 your welcome.