Quote:
Originally Posted by Enoch Root
I can't believe how flippantly people are saying move. It's not like moving doesn't also have costs. Depending on your price range obviously, moving will cost $20 - $50k or so.
Sure, a garage will cost that much, but it will increase the value of your home by close to the cost of the build.
When you factor those two things, the garage is likely the cheaper way to go.
More importantly, and to the point, adding the garage is life-changing with respect to living convenience.
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I don't think anyone is being flippant about moving. It's a hassle and expensive. Much like building a garage is a hassle and expensive.
Ideally you'd only do one of them.
So if the garage makes the existing house a keeper definitely do it. But if they're going to undertake moving (with all the hassle/cost) anyway, the I wouldn't bother with the garage as I agree they wouldn't get the $ out.
Nobody but the OP (+spouse) knows the exact details here so anything more than "here's how I'd think about it" is futile advice anyway.