When you start a new project on your property, you probably aren’t focused on the long-term value of that work. Mostly, you’re thinking about the improved function of your property once the job is done. For instance, you’ll have more covered space after you add a carport, allowing you to park out of the elements and store more items. However,it’s also smart to consider what this kind of project will mean to the value of your home and property. So, how much value does a carport add to a home?
An affordable metal carport from American Carports, Inc. is a great investment for your property. Use our Build & Price Tool to fully customize your carport, view a 3D rendering, and receive an instant quote!
Make a Logical Addition
When we talk about adding value, we’re really referring to increasing the appeal of your property in the eyes of potential buyers. After all, a property–or anything else–is only worth what someone is willing to pay for it. With that in mind, make sure your carport addition makes sense given the other features and location of your home.
For instance, if you live on a relatively small lot in the city, adding a carport suitable for a large RV might not be the best choice. The market for large RVs doesn’t overlap much with the market for a small home in the city, so finding the right buyer down the line could be tough. On the other hand, a small carport for a city dweller to park their family sedan out of the weather could be a great selling point.
It Needs to Be High-Quality
A low-quality carport isn’t going to add any value at all to your property. In fact, it might even reduce the perceived value in the eyes of a buyer, since they may soon need to replace or remove that old, worn-out carport. This is why it is important to buy from a respected supplier like American Carports, Inc. When you buy from us, you’ll receive a durable carport that will stand the test of time.
The Math is Complicated
It’s virtually impossible to assign a dollar amount that a carport could add to the value of your property, simply because there are so many variables at play. Not only do you need to add a quality carport that makes sense for your market, but you’ll also need to place it smartly on the property, so it fits nicely with the surroundings. And, even if you do everything right, you can’t control the market and what buyers will be looking for when you do decide to sell. So, while it is easy to see that a carport can add value to your home, it’s harder to say just how much you will gain in the end.
Cover Your Legal Bases
Many people skip over some of the legal requirements, like filing for a permit when they erect a carport. This can be a particularly costly mistake when you decide to sell. As you go through the process of selling your home to another individual, things like permits will be carefully checked. If you don’t have everything you need for the carport that was added, you’ll be left with a headache and an expensive hassle. Deal with the legal side of this project upfront so nothing comes back around later to get in your way.
Finally, it’s important to point out that your carport is only going to add value if it remains in good condition as the years go by. Buying a quality product from American Carports, Inc. is a great start, but it’s up to you to take proper care of the structure moving forward. Fortunately, metal buildings like our carports are relatively low maintenance, so it should be easy to keep in good shape. Treat your carport well, and it will offer years of trustworthy service in return.
Now is the Time!
While it’s difficult to pinpoint exactly how much value a carport adds to your home, it often offers a great return on your investment. If you’re ready to add a carport to your property, use our Build & Price Tool to fully customize your new structure, view a 3D rendering, and receive an instant quote! We look forward to serving you.