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.
Every parent whose living room is drowning in a sea of toys has probably tried to think of a convenient storage solution at least once or twice. Although you might lack a method for keeping the endless piles of books, blocks, Barbie’s, and balls organized for more than 30 minutes, you might be able to exile them from your living room into a room of their own.
Paint manufacturers have recognized these problems and have come to the rescue with new solutions. But a word of advice: If your garage floor sees heavy water leakage, if it's badly cracked or if it's damp and slimy all summer, don't apply any coating. In those cases, you're better off simply keeping it as clean as you can and then calling it quits.