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Garage Question With A Photo

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A 1 car garage with a workshop area.
 
I think it depends. In some neighborhoods, nobody uses the garage to park their cars anymore. It's all just general storage space. Does that mean it has less utility in that particular area? Also, I can't tell from the diagram, but is it possible that it had double garage doors at one time and one side was just closed off?
 
TECHNICALLY, it is a one-car garage with the space of a two-car garage. The question is how does one adjust for this? How many people buy a home with a two-car garage knowing that only one car will be stored in the garage with the remainder being used for bike and trash can storage?

Then we have to consider the appeal, or the apparent use of a large garage with only one garage door. Joe and Jane drive up to the house they want to buy and see the one garage door and say, "we can't park both cars in the garage" even though Joe's car has never seen the inside of a garage. Joe is a good guy and has never parked his car in the garage but hopes with this house he can.

If the contributory value of a garage space (traditional) is $8,000 in the market what is the contributory value of the space of a garage the same size without an additional door? Is it the cost of installing the door or is it similar to the traditional two-car garage? How about the "pride factor"? The neighbors look at his garage and say "he has a one-car garage", and I have a two-car garage. Does Joe want to own one of the few homes on the street with only one garage door even though the garage is the same size as most other garages with two doors?

How does an appraiser "adjust" for this in a quantitative manner? I doubt anyone could with SUPPORT.

The value of the Reconciliation comes into mind here.
 
I would consider a cost to cure for the 20 x 20 garage with a small door. In some of the areas that I cover an extra garage bay is worth $3500 while the cost to install a larger door might be $1200. By the way I stored two cars in a 17 x 20 garage with a 9 foot wide door. Yes they were sports cars but I could drive both in and out with no problem.
 
Agree with Cindy & Dennis

Garage Bay estimated opinion of value may range in a wide direction; did a Condo a couple of years back where the owner was willing to pick up an additional Garage Bay (reasonable distance to his unit - 3 garages total) most units offered 1 or 2 bays and was willing to pay; $15,000 for the bay.
Did it add to the value of the overall unit ?
 
Michigan CG said:
TECHNICALLY, it is a one-car garage with the space of a two-car garage. The question is how does one adjust for this? How many people buy a home with a two-car garage knowing that only one car will be stored in the garage with the remainder being used for bike and trash can storage?

Then we have to consider the appeal, or the apparent use of a large garage with only one garage door. Joe and Jane drive up to the house they want to buy and see the one garage door and say, "we can't park both cars in the garage" even though Joe's car has never seen the inside of a garage. Joe is a good guy and has never parked his car in the garage but hopes with this house he can.

If the contributory value of a garage space (traditional) is $8,000 in the market what is the contributory value of the space of a garage the same size without an additional door? Is it the cost of installing the door or is it similar to the traditional two-car garage? How about the "pride factor"? The neighbors look at his garage and say "he has a one-car garage", and I have a two-car garage. Does Joe want to own one of the few homes on the street with only one garage door even though the garage is the same size as most other garages with two doors?

How does an appraiser "adjust" for this in a quantitative manner? I doubt anyone could with SUPPORT.

The value of the Reconciliation comes into mind here.
Click to expand...

Personally, I won't even look at a house if it has separate doors for each stall. I'm a car guy and need to be able to put a car in the middle of the space sometimes and those single doors prevent that.

Again no quantitative support.
 
1-car garage with workshop. Very common around here. Does not have the same functional utility as a standard 2-car, but my market would recognize the value of the additional space equally (or at least very close).

Explain in the addendum.
 
That guy has a lot of garages! I'll have to show this to the wife.

On the form, I would call it (bottom right garage) a 1 car garage since it's function is that of a 1 car garage. Value is what it is.
 
Before UAD it was easier, a 1.5 car garage, more utility than a 1 but not the easy access of 2 cars.

A tandem garage, if they have parking "L" I might call a 2 car garage.

UAD just added pages to explanations and more confusion.

New $300,00 houses do not have garages deep enough to put the common double cab full bed pickup truck in!
Many won't fit an old deville.
 
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