Hey everyone. I just wanted to get some opinions on my current dilemma. I have a decent sized 2 car garage (wood) that is getting pretty decrepit and is leaning one way. The roof is really old and sagging and leaks. The garage door will not open and the whole thing is really just a big storage area for me. My house is a duplex and I'm thinking about knocking down the garage to make space for 2 usable parking spots. The garage backs onto an alley and there is currently one parking spot next to the garage (that I plan to make a garden out of, or just put up a shed). The street parking in front of the house is usually pretty limited.
I'm wondering, what are your opinions regarding this dilemma? How is my home value going to be impacted by this? What is the better draw for tenants: a garage or good parking (will be well lit)?
I'm currently planning on tearing down the garage as part of my longer term strategy of limiting the amount of maintenance and repairs that are going to be required once I move out of the investment property and into my new home.
Thanks everyone!
I'm wondering, what are your opinions regarding this dilemma? How is my home value going to be impacted by this? What is the better draw for tenants: a garage or good parking (will be well lit)?
I'm currently planning on tearing down the garage as part of my longer term strategy of limiting the amount of maintenance and repairs that are going to be required once I move out of the investment property and into my new home.
Thanks everyone!