General contractor looking at building remodel plans for a garage renovation

The Complete Guide to Garage Remodel Costs in 2024

There are many reasons why people remodel their garages, from increasing storage space and improving functionality to improving the curb appeal and value of your home. In recent years, there has been a growing trend of people renovating their garages to create more living space. This can be done by adding a bedroom, bathroom, or living room to the garage, or by converting the garage into an accessory dwelling unit (ADU).

If you are considering remodeling your garage, it is important to carefully consider your needs and budget. There are many factors to consider, such as the size of your garage, the type of remodel you want to do, and the cost of materials and labor. 

Costs to Consider

Here is a breakdown of some of the costs you can expect to incur:

  • Labor: The cost of labor will vary depending on the complexity of the project and the rates in your area.
  • Materials: This includes everything from framing materials, insulation, drywall, paint, flooring, lighting fixtures, and hardware. The type of materials you choose can greatly impact costs.
  • Windows and Doors: If you're adding or replacing windows and doors, this can add to your expenses. High-quality windows and secure doors are essential for functionality and security.
  • Electrical and Plumbing Work: If your remodel involves adding outlets, lighting, or plumbing fixtures, you'll need to budget for the necessary wiring, switches, pipes, and fixtures.
  • Heating and Cooling: If you're converting your garage into a living space or workshop, you might need to invest in heating and cooling systems for year-round comfort.
  • Storage Solutions: Built-in cabinets, shelves, and storage systems can be convenient, but they come with a cost. Consider this expense if you plan on maximizing your garage's storage potential.

Average Total Cost

In general, you can expect to pay anywhere from $20,000 to $45,000 for a garage remodel. Costs can vary widely based on factors like the size of your garage, the extent of the remodel, your location, and the quality of materials you choose. 

Return on Investment (ROI)

The ROI on a garage remodel can vary depending on the specific project, but it is generally considered to be a good investment. According to Today's Homeowner, the ROI for a garage door replacement is 100% and an attached garage addition is 60%. 

Tips for Reducing Costs

Here are some tips for reducing the cost of your garage remodel:

  • Prioritize Needs Over Wants: Identify your essential needs for the space and prioritize those over less essential features. This can help you allocate your budget more effectively.
  • Choose less expensive materials: There are a variety of materials available at different price points. You can save money by choosing less expensive materials, such as low-cost flooring or budget-friendly paint.
  • Remodel during the off-season: Labor rates are typically lower during the off-season, so you can save money by remodeling during this time.
  • Limit Structural Changes: Keeping the existing layout and structure can save significant costs compared to making major structural changes.

Remodeling a garage can be a great way to add value to your home and create a space that you can use for storage, a workshop, or even a home office. By working with a trustworthy general contractor and planning for your renovation, you can reduce the risk of overspending and get a good return on your investment.