How Much Does It Cost To Build A Garage With A Loft Apartment?

Garage With Apartment Cost For an average 400 square foot garage, an apartment costs between $60,000 and $70,000 to add fully finished. Your return of investment could improve if you build a detached garage with a loft above it and use it as a rental unit.

How much does it cost to add loft to garage?

Garage costs depend on its siding material, foundation and finishes, like electricity and garage door style. A single-car, detached garage kit starts at around $7,250 while an attached three-car garage with a loft can cost $50,000.

How much does it cost to build a garage with a second story?

The cost to build a detached two-car garage averages between $19,200 and $45,000. About half of the cost will be for materials and half for labor. A local garage builder can make recommendations and give you an estimate.

Can you add a loft to a garage?

A garage loft is easy to design and build and an effective way to take advantage of unused space. The height of your garage ceiling will ultimately determine the height of your garage loft, but a loft can add hundreds of cubic feet of storage or studio space. Here’s how to get started with your project.

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How much does it cost to add a loft?

A loft conversion costs $7,000 to $67,600, averaging about $20,000. This translates into a price of $50 to $150 per square foot. You’ll pay $9,000 to $34,500 to build a loft from scratch, and $14,300 to $67,600 to turn an existing one into a bedroom with ensuite bathroom.

Can my garage support a second story?

Most attached garages are constructed with a framed or block wall, both of which are strong enough to support a second-story room above them. A detached garage requires more careful examination.

What does a 2-car garage cost?

The average 2-car garage costs between $19,600 and $28,200 to build with most homeowners spending about $20,000. The final price depends on the size, and if it’s attached or detached. The most common 2-car garage size is 20′ x 20′ which is 400 square feet.

Is it cheaper to add a second story or build out?

Here’s the bottom line: When building new construction, building up with a two-story home is cheaper than building out. When remodeling, building out with a one-story addition is cheaper than adding a second story to an existing dwelling.

Can I build an apartment over my garage?

Building an apartment over your garage has many benefits. Whether you’re looking to add extra income by renting it out or adding a new place for a family member in your home, you can definitely put this space to good use.

How much does it cost to build a room above garage?

If opting for an attached garage with living space above, with electrical wiring, plumbing, and bathroom, expect the cost to range between $180 and $210 per square foot for the upper room alone. This will bring the total cost for an attached one car garage with a room above to between $60,000 and $65,000.

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What is the room above a garage called?

A garage apartment is an apartment on top of the garage of a house. A garage apartment is an accessory dwelling unit that is smaller than the main dwelling on a lot or parcel of land.

Can you build a loft in an apartment?

A true traditional loft apartment is a wide, open space in a converted warehouse or other industrial space once commercial but now residential. Loft apartments can also be new construction, rather than converted buildings.

Is a loft more expensive than an apartment?

Although it’s not impossible to find modern amenities in loft buildings, they’re usually considerably more expensive than a traditional apartment complex down the street.

Is building a loft cheaper?

Constructing a loft space in a new construction home will be cheaper and take less time because there is no demolition required.

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