You may be running out of space and trying to decide between two common solutions, garage conversion vs home extension. Both options can help you gain space, but they have their costs and long-term values associated with them. Which is right for you?
Within this guide, we highlight the major differences between a garage conversion vs a home extension, including planning implications, costs, and potential value that may be added to the property, so you can make an informed choice for your individual property, lifestyle, and budget.
What Is a Garage Conversion?
A garage conversion includes transforming your existing garage into a living space. Instead of using it for storage and parking, you can change it into a home office, extra room, gym, play area, or even a small studio apartment.
There are a number of garage conversion benefits that make it a wise choice for many homeowners. It is usually a quicker, cheaper option that would require little or no structural adaptations compared to an extension. With an existing structure, the impacts on your lifestyle will be less disruptive during the construction.
What Is a Home Extension?
A home extension is the construction of new space, either to the rear or side, or even up from your property. This allows you to build exactly what you want, whether that is a large kitchen-diner, another bedroom, or a second lounge.
But like any large project, there are home extension pros and cons to consider. On the positive side, you gain a lot more space and a lot more options. On the negative side, home extensions are typically expensive and time-consuming, and they often require planning permission and legal considerations as well.
Cost Comparison: Garage vs Extension
There is a clear comparison between garage vs extension cost, and there is a winner. A garage conversion cost is between £7,000 and £20,000 in the UK (depending on size and finish), whereas home extension projects usually start at around £25,000 and can easily cost above £80,000.
So let’s get into which is cheaper: garage conversion or extension. For sure, a garage conversion is a cheaper option, especially if you want to maximise your space without a full-blown build.
Is a Garage Conversion Worth It?
Is a garage conversion a worthwhile investment? The answer can vary based on how you’re currently using your garage. If it’s either empty or full of junk, converting it to usable space is usually a smart thing to do. It can add to your living experience and the value of your home.
If you’re a small household or have a growing family, it’s a wonderful way to change things without having to relocate.
Will It Add Value to My Home?
A properly planned garage conversion can add great value; figures show that homeowners can increase their property value by up to 20%. This makes it a sound investment, particularly in urban areas where space is scarce.
Poor-quality conversions (poor-quality fixtures and fittings, bad insulation, etc.) can reduce the value of your home. The same principle applies to home extensions; ultimately, it all comes down to quality and effective planning.
Garage Conversion ROI vs Extension ROI
Compared to extensions, garage conversions offer a higher return on investment due to their lower initial cost. You spend less and receive a similar increase in property value. Therefore, garage conversions are excellent options for homeowners seeking value without exceeding their budget.
However, a full extension may provide larger gains in the long run in some markets, particularly when it provides valuable living or bedroom space.
Planning Permission: What You Need to Know
A major difference between a garage conversion vs a home extension is planning permission. You usually don’t need planning permission for a garage conversion, as long as you don’t add to your home’s footprint.
However, planning permission for a garage conversion may be necessary if the property is in a conservation area or if the change of use is significant.
Great for Small Homes
For those who reside in a smaller property, the decision between garage conversion vs home extension now takes a practical route. A garage conversion for small homes can create a significant impact without the stress or expense associated with your home’s footprint.
You can consider it an effective use of the space you already have, which will benefit those with growing families and work-from-home professionals by maximising every square foot.
Creative Garage Conversion Ideas
Are you in need of inspiration? Here are some brilliant garage conversion ideas that have changed homes all over the UK:
- A quiet home office or remote working zone
- A self-contained guest suite or Airbnb
- A mini-gym or wellness room
- A teen video game lounge or kids’ playroom
- A comfortable reading area or music room
The only limitations are your imagination and building regulations
Conclusion
When it comes to garage conversion vs home extension, the choice depends on your budget, timeline, space requirements, and long-term plans. Choose a garage if you want to save money, you need extra space, and you are looking for a higher ROI with minimal changes.
Choose a home extension. If you wish for absolute design flexibility, you have a larger footprint, you have the resources and time for a big project, your garage doesn’t work as it is already converted or isn’t suitable for conversion
Either option has the potential to significantly improve your life and your home’s value, but the best decision depends on your specific circumstances.