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What adds more value a bedroom or garage?

newsilver.com - How Much Value Does An Extra Bedroom Add? - New Silver

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The first step taken by many property investors is to add a second, third, or even fourth bedroom to the house they are flipping. This move is, of course, dependent on the size of the property and the size of the budget the investor has available. But is this really the right strategy to pursue?

Well, real estate experts estimate that adding a new bedroom to a property can add as much as 15% to the overall value of the property. This is a big-ticket number that can make a huge difference to the final asking price. For every bedroom added on to the property, the investor can see their property value increase by as much as $30,000 to $50,000. When adding this additional bedroom, a great place to start is the loft if the home has one. Depending on the structure, converting a loft into a bedroom can be as easy as adding a staircase or as complicated as rebuilding walls. The key to this conversion is ensuring that the loft has the right ceiling height to create a livable space. If you have a home with a pitched ceiling try and work with the angles. With enough space, the investor can sweeten the deal even further by adding an en-suite bathroom to the loft bedroom. As long as a builder has checked the structure, the investor can easily add another room without full construction needed. It’s important to keep in mind that this renovation project may require additional licenses or permissions from the local HOA. This is a step not to avoid because, without the right codes, the loft space won’t be allowed to be listed as a bedroom and all that hard work won’t bring the results the investor needs Extra space is always a popular feature with buyers, but what about the cost to add it? The final amount will be largely dependent on the real estate market and the location, but the cost of a loft conversion will range between $12,000 and $50,000 depending on the location and project scope. Compared to the average cost of building an extra room from scratch (which only starts at $57,000) a loft bedroom would be more cost-effective. You could also consider a garage conversion into a bedroom, provided the house has additional parking areas. It is also worth mentioning that an extra bedroom isn’t the only option an investor can use to add value. An extra room can be added that can act as a home office or even additional storage space – these selections may be more suited to an area with a lot of young professionals that haven’t established families yet. Setting up the room as a home office should cost the investor around $20,000 on average, a number that can go lower if the investor can avoid replacing the flooring.

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Do I need a ground rod for a detached garage?

Yes, you need a grounding electrode (ground rod) local to the detached building.

diy.stackexchange.com - Grounding rod for detached garage? - Home Improvement Stack Exchange

...And you didn't put a concrete-encased conductor (UFER ground) in the slab? Sigh. That's the easy way out and the most effective ground you can make in most places. Yes, you need a grounding electrode (ground rod) local to the detached building. Connecting to reinforcing steel in the slab would have provided a very good grounding electrode, but if it's already poured, that ship has sailed. 6 AWG solid is the default minimum size for a connector to a grounding electrode. 8 AWG might be acceptable given that the feed size is 10 AWG, but I'm having trouble tracking down the exact language where that is mentioned. It's one of the messier (or more confusing) sections of the code (IMHO.)

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