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Should I build it or not?

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  • Should I build it or not?

    Im on the fence on whether or not to build a workshop out back. I have an acre of land in nice community and there are several homes that have workshops out back. Sizes range from 30x40 mostly and vary up and down.

    Im looking to build a 30x30 with driveway connection from my existing driveway. Make it a place to store an extra project car, work on wood stuff and keep tools. Not to mention a man cave type place

    Problem is, with the cost being around 20k, my concern is if it will help resale value at all? Ive researched some online but havent seen much on workshops specifically. Being in the neighborhood Im in, Id think the workshop would help the house sell quicker but would it add value to what we could ask for the house? I wouldnt expect to get all my money back from it but dont think id spend 20k on a man cave space if i knew I was never going to get any return on it later.

    Thoughts from anyone with resale knowledge or whos listed a house with extras like this? Im hoping its not like a pool that doesnt add much value but is an incentive for buyers.

  • #2
    Do you plan on moving anytime soon?
    Also, consider building bigger. I did a 30x40 and have added on twice..Can't have enough space

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    • #3
      it will not help resale by $20k

      you will love it

      30x30 gets really tiny really quickly
      http://www.truthcontest.com/entries/...iversal-truth/

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      • #4
        I shied away when I saw a few places had a detached garage in a neighborhood. Now if your in the country on a few acres then it makes sense.

        Also make sure you get all permits and HOA approves.

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        • #5
          Build it because you want it, not because you will get your money back. This is much like a pool.

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          • #6
            That's a pretty good analogy.

            We've been looking at moving, and a shop is one of the things on my list that I would like to have. Not having one isnt a deal breaker, but I would want to have one built if i found the right place without one.
            "If I asked people what they wanted, they would have said faster horses." - Henry Ford

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