Garage Repair Vs. Garage Renovation: Weighing the Costs and Benefits
It is almost the end of the year, and most of us are making huge plans for the holidays. What many of us have not considered is how we should go about making garage repairs for the upcoming season. There are many factors which can determine whether you may need some quick repairs on your garage, or if you need complete renovations. Weather, which can change abruptly in the Chicago area and DuPage County, can be a factor in that determination, as well as changing storage needs, and the addition of new drivers to the household.
Why Is it Better to Get a Quote for a Garage Repair Now?
Since garage repairs are typically done in the spring, it is best to get a quote for your garage in the fall or winter. This way, you will have an idea of how much a garage repair will cost, and you will have an opportunity to save for such repairs. If your garage needs a few simple repairs, then it is best to decide what needs to be fixed. However, if there are major problems with your garage, then rebuilding might be the best option.
Cost of Garage Repairs vs. a New Garage
Renovating or rebuilding your garage is a major project. When looking at the costs of either decision, here are a few factors that should be considered:
- How long do you plan to stay in your home?
- Do you need more space in your garage for more drivers?
- Do you plan on creating more living space in or above your garage?
You need to have an idea of how long you are planning to stay in your current home before considering garage renovations. If you are planning to rebuild your garage, you may be spending as much as $50,000 on the project, with only a $30,000 increase in property value. The national average of building an attached one to two-car garage is between $7,500 and $27,040 on the entire project. If your plan is to stay in the home for only five more years, then you will be paying at least $4,000 per year, and you will need to decide if that investment is worth it.
If you only need small repairs on your garage, then it may be best to just stick with those projects. Here are a few easy fixes which will likely not cost you a lot of money:
- A new garage door spring typically costs between $50 and $100 per spring, and the total cost of replacing a broken garage door spring is usually $200 to $300.
- Replacing a broken garage door cable will cost between $150 and $200 per cable, and the installation can take some time.
- Repairs on a bent garage door track may cost between $125 and $150 if you cannot knock the track back into shape on your own.
- Safety sensors will cost $50 to $75 if you cannot realign them by yourself.
- A garage door can cost between $200 per door to $4,000 for two doors. On average, homeowners spend over $1,000 on door replacement and installation.
If you are planning to rebuild your garage, then you will need to determine the dimensions of your space. Depending on how many cars you will have, your garage will need to be wide enough to open your car doors and walk around toward the interior of your home. The biggest challenge of garage renovation often comes from adding more drivers and cars to a household, depending on the size of each car.
How Can a Garage Add Value to the Home?
The longer you live in your home, the more you will want to consider your future needs. If you have a garage, then adding to available storage space will attract potential home buyers. Garages also preserve the value of important possessions, such as cars and other storage items. If properly maintained, garages can protect these important possessions from various losses, such as:
- Storm damage;
- Theft; and
- Hit-and-run accidents.
Call Blue Sky Builders Today
It is important to weigh your options before deciding to repair or rebuild your garage. If you are struggling with making an ultimate decision on what you should do, then you should consult Blue Sky Builders, located in Downers Grove, Illinois. We have over 38 years of experience in the garage sector, and we are more than willing to answer your questions. Please contact us at 630-852-8485. To check out our work, please visit our gallery.