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Finished Garage Counted as Square Footage

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Finished Garage Counted as Square Footage

Old 10-18-2019, 03:57 PM
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Default Finished Garage Counted as Square Footage

Question...if you have finished off your garage, meaning painted walls, cabinets and countertops, epoxy paint of the floor, heating and cooling, etc...can this space be used in calculating the homes value by an appraiser?
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Old 10-18-2019, 04:00 PM
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Old 10-18-2019, 04:01 PM
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Originally Posted by jkapl001 View Post
Question...if you have finished off your garage, meaning painted walls, cabinets and countertops, epoxy paint of the floor, heating and cooling, etc...can this space be used in calculating the homes value by an appraiser?
if it has a garage door, generally no.
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Old 10-18-2019, 04:04 PM
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Never seen or heard of this. My current garage has cabinets, insulation, Sheetrock and heat. It is not part of the finished SF. Not sure when the threshold is hit though.
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Old 10-18-2019, 04:07 PM
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Originally Posted by IMPLiberty View Post
Never seen or heard of this. My current garage has cabinets, insulation, Sheetrock and heat. It is not part of the finished SF. Not sure when the threshold is hit though.
Yeah I wasn't sure. Still having the garage door is probably the kicker. I was just wondering. Since finishing off the space it is really an extension of our home, we use it as finished house space.
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Old 10-18-2019, 04:09 PM
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$250 to frame a wall for that door...
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Old 10-18-2019, 04:09 PM
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Originally Posted by jkapl001 View Post
Yeah I wasn't sure. Still having the garage door is probably the kicker. I was just wondering. Since finishing off the space it is really an extension of our home, we use it as finished house space.
Not sure either. My neighbor has a “garage door”. It’s fake and has a completely finished play room for his kids. I’d be interested to know, but not interested enough to ask “the powers that be” as I don’t want me SF and taxes going up, lol.
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Old 10-18-2019, 04:10 PM
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Yeah I'm not really in need of the additional house value, I'm not moving. Just curious. As said, there is a threshold, just not sure what it is...like when does a taco become so large it's a burrito????
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Old 10-18-2019, 04:21 PM
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Tacos become burritos when you wrap them. Just like garages become living areas when you get permits and go through that process for them to be legal living area.

Besides that, if it's "usable" as living space a potential buyer may find the same value in it that you do, and just because it's not legal living space doesn't mean you can't use it as a place to hang out or whatever.
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Old 10-18-2019, 04:55 PM
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Well...that about settles - " I've heard nonsensical phrase eva "
tacos become burritos if you wrap them......

EPIC!

I had an argument with my uncle today....he said " that's like eating soup with chopsticks "
I said - " you ever hear of dumplings?"

It really pissed me off because I used that on him before...lol!!

OP...yes it does add value only at a reduced value...example if the house is $100 per square ft a fitted garage would be 60% of it..as final finishes aren't included...I've seen it a few times..

Plus I watch million dollar listings LA and NY....wait....delete..delete
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Old 10-18-2019, 05:18 PM
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I love those shows. I'm a part time artist and my wife like to go to coffee shops, our budget.....not a penny over $1.4 mil, unless we need to increase our budget.
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Old 10-18-2019, 05:39 PM
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Originally Posted by jkapl001 View Post
Question...if you have finished off your garage, meaning painted walls, cabinets and countertops, epoxy paint of the floor, heating and cooling, etc...can this space be used in calculating the homes value by an appraiser?
Here in Florida, unless it was a permitted remodel into LIVING space, no it doesn't count for more than just a garage. It does count, just at a garage square footage rate.
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Old 10-18-2019, 06:35 PM
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Here you go. This might answer it for you.
Dimensions of carports, decks, storage sheds, garages, etc., can be included in MLS and other advertising, but cannot be included in the living area
Article-May-2014-Square-Footage-R-5-8-2014.pdf

CarolinaMLS%20Square%20Footage.pdf
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Old 10-18-2019, 06:46 PM
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Quick answer as an appraiser. No. Now, if you raised the floor of the garage to the rest of the foundation, sealed the garage entry, installed HBAC, finish is equal to the remainder, and complies to all applicable permits, then yes, but you no longer have a garage.

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Old 10-18-2019, 07:43 PM
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Got it. Makes sense, just wondering.
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Old 10-19-2019, 03:31 AM
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I believe the area has to have a finished floor, not just painted cement. I went through that with a basement.
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Old 10-19-2019, 04:10 AM
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Around here you have to pull permits and get it inspected (and pass) then when you check the county website a little later you will see your updated "heated sq ft"
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Old 10-19-2019, 05:39 AM
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Good question. I can tell you after looking extensively for a new home for my son that sqft as advertised can be all over the place. Then you go to the tax record and see what they say for heated square feet, HSF. Depending on how big the county is and how much money they put into their GIS system this can be hard to decipher.
I have seen many homes recently on Zillow that would say i.e. 2100-2600 sqft, which may be same situation you speak of with your garage.
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Old 10-19-2019, 05:55 AM
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Originally Posted by rusty spoke View Post
I believe the area has to have a finished floor, not just painted cement. I went through that with a basement.
Not in Florida. 80% are built on slabs or stem wall.
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Old 10-19-2019, 06:07 AM
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I've always heard of floor space described as "under air" and "under roof". :Under air" describes total living area although I don't think putting a wall unit in your garage is going to change it to living area.
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