When considering a small garage remodel, you can pay as little as $2,500 to as much as $30,000. On average, the cost will be around $11,000, if you consider the national average. These costs are not set in stone, though. Your choices on materials will largely determine the overall cost. Your budget will take less of a hit on a smaller garage, which is another bonus, and there are many ways to save. A breakdown of the costs follows.
Before launching a project, the homeowner should draw up a plan that takes into account the various ways the garage could ideally be used. GarageAbility, for instance, will divide a garage into zones for storing garden equipment, sporting goods and tools as well as space for working on hobbies, then help the homeowner determine the storage systems that will work best for their belongings.
So if you are in need of a garage but don’t have a lot of money then consider this option. It could still be used as a great protector of your vehicles and other items. And would certainly make a great workspace as well. The only thing I wouldn’t be certain about would be the storage of personal items. But that could be worked around if this project could be done on a budget that works for you.
A 'Ready to Sell' garage remodel will give you the best ROI possible without the need for a permit. It may include finishing interior texture (already sheetrocked), painting, and changing a few light fixtures. This level is perfect for those who are preparing their home for sale and tends to be cosmetic in nature in order to present the home well to potential buyers.
A garage remodel is usually much cheaper than a home renovation because the foundation, roof, and walls are already built. Many garages also have electrical and plumbing installed to some extent. The actual cost of a garage remodeling project, however, depends on what the renovated space will be used for. While a new home gym won't require much in the way of amenities, converting a garage to an office, apartment, or bedroom requires adding significantly more creature comforts.