How Much Value Does An RV Garage Add? Updated
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Does an RV Garage Add Value to a Home?
You have a large piece of land with a beautiful house. And you own an RV. Man, this is the good life! Live the RV life, when you want. Be able to come back to a large home. Now you want to build an RV garage. But is it worth it! How much value does an RV garage add?
A decent RV garage can cost $40,000 – $150,000 to build. The demand for RV’s has increased substantially since the pandemic but the supply of homes with an RV garage is still quite limited. An RV garage is sure to attract a lot of attention and add a great deal of value to your home.
The addition of an RV garage to your home is not just convenient; it saves you RV garage rental too! For an RV garage addition to add value to your home, you must use good quality building materials and a design that complements your home.
It is quite easy to end up with an RV garage that looks really ugly. A poorly designed RV garage can pull down the curb appeal of your house. The addition of the RV garage will then actually diminish the value of your home.
You also do not want to save a few pennies, when you are spending top dollars on your RV garage. The quality of the building materials used in your RV garage should be similar to the ones used in your house.
The RV garage should not look and feel shoddy when compared to your house!
There are a few other tricks & tips to make sure that your RV garage addition adds value to your home. Keep reading to discover them!
How Is the RV Market Doing?
According to RVIA, over 600,000 RV’s were shipped to dealers in 2021, a 40% increase over previous year. The expectation was that 2022 will be even better.
However, this did not happen. Shipments in 2022 ended up at 493,268. Shipments in 2023 are expected to fall further to around 300,000. Just half of the peak year of 2021
The market for RV’s is expected to start recovering in 2024 and may grow by 22-24%.
The pandemic certainly distorted the demand for RVs in an unprecedented manner. Hopefully the RV industry will get back to a slow but steady growth.
Far more millennials are discovering the wonders of the great American outdoors. Moreover, work from home, in this case an RV, is becoming a real thing for many.
But it is not just the millennials, the baby boomers are fueling the RV demand too. More of them are retiring each year. Rather than live a quiet boring life in an empty nest, they are taking to the roads, in an RV!
If the market for RV’s goes up, can the market for RV garages and homes with RV garages stay far behind?
What Size Is a Standard RV Garage?
An RV is big. The RV garage has to be bigger. So the size of your garage really depends on the size of your RV.
When it comes to an RV garage, bigger is better. The extra space will always find some use. And who knows, you may even upgrade to a bigger RV in the future.
As an example, the dimensions of Tiffin Allegro Red a Class A Motorhome is 39’ 6” long, 8’ 5” wide and 12’ 10” high. Size-wise, this is certainly one of the bigger RVs in the market.
To make sure that you have enough room around the RV, the garage should be 50’ long. 18’ wide and 16’ high. The RV garage door should be 12’ wide and 14’ high.
How Much Does It Cost to Build a Garage for an RV?
A properly built RV garage will cost between $36,000 and $140,000 according to Home Advisor. But you could be spending a lot more if you are incorporating hookups for electricity, water and sewage.
In comparison a standard 20’X20’(400 square foot) detached garage for 2 cars will cost between $10,000 (bottom end) and $50,000 (top end).
At the low end, prices start from around $25 per square foot, including materials and labor, while at the high end, expect to pay upwards of $120 per square foot.
HOMEADVISOR
The cost of an RV garage is much more than a car garage mainly because of the garage size and additional features.
The floor area is typically. two to three times and the height is twice that of a standard 2 car garage. Getting the RV garage door itself will set you back some, as they are not available off the shelf.
How Much Value Does an RV Garage Add?
Now here are the tips, that I promised you, to get more bang for your buck!
Tip #1: RV Garage with Living Quarters
How about building an RV garage with living quarters? Sure, the cost will be higher, but the Return On Investment (ROI) will certainly justify the extra cost.
There are some excellent ideas and plans for RV Garage with Living Quarters. Architectural Designs has been selling quality house plans for generations and they have several very innovative RV Garage with Living Quarters plans.
Consider “RV Garage with Living Space a Plus Plan 68599VR” lets you park your RV and a car or a truck. You get an apartment on the second floor with a bedroom, living room, kitchen and bathroom.
| Main Level | 2nd Floor |
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So you could buy the plan from them and get a contractor to build it for you.
Another option is to use an RV Garage with Living Quarters Kit. For a perfect RV Garage with Living Quarters, that is quick and easy to get built and yet looks out of this world, look no further than DC Structures.
DC Structures is the nationwide leader in post and beam building kits, producing America’s best and most complete pre-engineered heavy timber structures. They have a simplified 4 step process that will bring your dream to reality, with none of the stress.
Tip #2: Build a 2-Bay RV Garage
Why not construct a 2-bay RV garage rather than a single bay RV garage. I know it sounds like a crazy idea, but it is based on two facts:
- A 2-bay RV garage does not cost twice as much as two independent single bay RV garages as a wall and all utilities can be shared.
- The second RV garage will earn you a decent rental income (12’X50′ RV storage rents are $300 per month and up).
Watch the video below for 30 seconds to get a basic idea!
To be honest, no one can give you an absolute number, in $ terms, on how much value does an RV garage add to your home. There are two many factors, such as location, quality of build, future market outlook, etc., involved.
In my personal opinion, the value of your home can go up by 20% to 50% of the investment you make in your RV garage. That is if your current home value is $750,000 and you spend $100,000 to build an RV garage, then the new value of your home could go up to between $870,000 and $900,000.
Thank you very much for reading the post. I do hope you found it informative and useful.
