Custom Garages Power Buyer Interest

Summary


Garages have grown in size and significance over the years. No longer just a small space required to park a car or for extra storage, current trends for garages call for parking for two or three vehicles along with sizable space for a "power room," with customizable options such as large work spaces and built-in storage cabinets that help homeowners stay organized.

For potential home buyers, garages have become one of the most critical requirements: The 2007 National Association of Realtors Buyer Home Preferences Profile shows that garages are now ranked as the second most important feature in the home, second only to central air conditioning.

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Extract


Custom Garages Power Buyer Interest

The biggest change between the survey conducted in 2004 and the more recent study is that, in 2004, only 6 percent of buyers would pay more for an oversize garage; 56 percent of buyers now say they would be willing to pay extra for a gargantuan garage.

Real estate agents say that, in this contentious market, a garage is an asset that can help sellers stand out among the c...

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