Two-Car Garage vs. One-Car Garage: Is a Bigger Garage Worth It?

The benefits of garages are undeniable, but homeowners considering adding one to their home often weigh the benefits of a two-car garage versus a one-car garage. A two-car garage shelters vehicles and has space for storage and hobbies, potentially boosting value. On the other hand, the economy and efficiency of a one-car garage can't be overlooked, especially in tighter, urban spaces where every square foot counts. So, what factors should drive this decision, and how does one determine which garage size best fits their lifestyle?

For informational purposes only. Always consult with a licensed real estate professional before proceeding with any real estate transaction.

Key Considerations for Garage Size

• Two-car garages offer more storage and vehicle space, enhancing home utility and organization.
• Homes with two-car garages typically increase in value
• A larger garage can recover 60% to 80% of investment upon resale, improving financial returns.
• One-car garages are cost-effective, require less space, and suit urban settings well.
• Double garages provide customization options like lofts, adding personal and functional value.

One-Car Garages: Less Money & Time to Build

In today's market, one-car garages present a cost-effective and time-saving option for homeowners. With typical garage building costs falling between $25,000 and $40,000, they require less money than their larger counterparts. Additionally, the time spent on building a one-car garage is considerably shorter.

These garages not only save on initial costs but also boast lower maintenance costs over time. Their compact size fits easily into smaller lots, making them a smart choice in urban areas like City Centre Calgary or for properties with limited space. This adaptability enhances the home design, allowing for more creative use of the surrounding landscape.

Homeowners can also transform one-car garages into workshops, art studios, or extra storage spaces. Whether for home improvement projects or simply organizing seasonal gear, the additional storage space provided is invaluable. Plenty of resources are available for homeowners wondering how to organize a garage.

Two-Car Garages: More Space

Double-car garages offer significantly more space, typically measuring 20–24 feet wide and accommodating two vehicles comfortably. This extra width also reduces the risk of damage that can occur in tighter spaces and allows for additional storage. Homeowners can store tools, seasonal items, and sports equipment without encroaching on the living space.

Typical costs for a detached two-car garage range from $28,000 to $50,000. The average size of these garages enhances organization, as there's more room to install racks, shelves, and even a workspace. If you’re considering building a home addition, a two-car garage is a great option that provides protected parking while boosting the home's functionality. Research shows that homes with a two-car garage see an increase in home value by 10%–15% in some areas.

Moreover, the design flexibility inherent in a double-car garage gives homeowners the freedom to customize their space, perhaps adding a loft for even more storage or a dedicated area for hobbies. This customization further increases the overall appeal and functionality of the property, but be sure to get the proper permitting for your addition.

What's More Important To You?

When weighing garage options, the decision often boils down to personal priorities and lifestyle needs. Similar to deciding between a finished and unfinished basement, adding any type of garage can make a substantial difference—not only in terms of storage but also in the overall functionality and appeal of a new home.

For families with larger vehicles, a two-car garage provides enough space without the hassle of street parking, which can be a game-changer in busy areas like Calgary’s City Centre neighbourhoods. This extra room isn't just about parking; it also allows for additional storage and organization, a feature highly valued in today's market.

On the other hand, some homeowners might prioritize more indoor living space over a larger garage, especially if public transportation is readily available or if street parking is abundant. Whether it's accommodating family cars, storing bulky items, or simply having a secure place to park, the type of garage you choose can influence daily life and the home’s utility.

Return on Investment of Garages

Considering the financial benefits, investing in a garage can substantially increase a home's market value. Both attached and detached garages can provide financial gains when homeowners decide to sell. Specifically, a new garage not only enhances the property's functionality but also its aesthetic appeal, which plays a pivotal role in attracting buyers.

Double garages, offering access to two car spaces, are particularly appealing. Like many kitchen remodels and renovations, they generally recover 60% to 80% of the investment upon resale. Double garages are more versatile and valuable than homes with single garages. Furthermore, the average ROI for a new garage door often exceeds 90%.

For informational purposes only. Always consult with a licensed real estate professional before proceeding with any real estate transaction.

Should You Get A One- or Two-Car Garage?

In deciding between a one-car and a two-car garage, it's crucial to consider your lifestyle and budget. If space and potential home value increase are priorities, a two-car garage is worth the extra investment. However, for those with tighter budgets or smaller properties, a one-car garage offers affordability and simplicity. Ultimately, the choice should reflect your specific needs and circumstances, ensuring you get the most out of your investment while aligning with your living situation.