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Jackie Campbell
"Your Biggest Investment is Our Biggest Concern"
- 9 Helpful Answers
- 46 Answers
- 3 Blog posts
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Luxury Home Specialist
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Top Ranked Team, 2005
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I have found that, regardless how much money is being spent on a home, people all want a professional on their side so that they know their interests are
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"Wow, you're the best realtor in the world. I've never received such SERVICE!! It's official, you're our permanant family realtor for all real estate
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Jackie Campbell answered:
In general, Newnan area homes with garages sell MUCH faster than other homes in Coweta County that do not have garages. I frequently have buyers who require a garage as part of their search, and who won't even look at a home without one, but wanted to study the actual numbers before I responded here.
The results of the analysis?
You'll want to think about keeping that garage, since the statistics show that you'll probably find it more difficult to sell when you get ready to move on if you convert the space to anything other than a garage. Some price ranges added as much as 200+ days to the average time on market when no garage was available--and the numbers were up across the board. The average days on market (across all price ranges) of homes WITH garages was 141. The average days on market (across all price ranges) of homes WITHOUT garages was 308.
The average sales price was ALSO affected: The average sales price in Coweta County for homes without garages was $113,440 compared to the average sales price of $193,722 for homes WITH garages.
I would consult a realtor to study your specific situation before you move forward with this remodeling effort.
Good luck to you!
The results of the analysis?
You'll want to think about keeping that garage, since the statistics show that you'll probably find it more difficult to sell when you get ready to move on if you convert the space to anything other than a garage. Some price ranges added as much as 200+ days to the average time on market when no garage was available--and the numbers were up across the board. The average days on market (across all price ranges) of homes WITH garages was 141. The average days on market (across all price ranges) of homes WITHOUT garages was 308.
The average sales price was ALSO affected: The average sales price in Coweta County for homes without garages was $113,440 compared to the average sales price of $193,722 for homes WITH garages.
I would consult a realtor to study your specific situation before you move forward with this remodeling effort.
Good luck to you!
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