I recently purchased a house with a detached garage that has been partially converted into an apartment.
• I have $15,000 ($20,000 max).
detached garage
Originally posted at johnlsayers.com, topic 4853.
bump
Hmmm....
Typically if you go by the book and secure a building permit for your work, you will be able to get the records on your property to reflect the additional square footage, which should improve its value.
And raise the property taxes you're paying too, by the way... :roll: ...full disclosure here. Them's the rules.
To the contrary, if you don't get a permit, then you may actually make your properly less desirable on the open market due to the liabilities that the new ower would have to accept.
More on this in the "Permits, Codes, Licenses -- and WHY YOU SHOULD CARE!" thread.