Besides the obvious advantage of not having to go lug your groceries into the house in the rain, sleet or snow, there are a number of less obvious but important reasons to consider buying a home with a garage or building it sooner rather than later.
2- I just had $3,200 worth of hail damage repair done to my car from leaving it out in the driveway for 5 minutes one day. A garage protects your car from damage due to falling branches, flying debris like garbage can lids, drones and other hazards. The average vehicle price in Canada is now $38,000. Don’t you want to protect your investment?
3- Your car is more comfortable to enter as a garage keeps the car from reaching high temperatures or bitterly cold ones. In fact, cars warm up faster in the winter when they are in a garage.
4- Your car will last longer and look nicer longer. In addition to flying debris, UV rays can crack the vinyl on your dashboard, dry and crack leather upholstery, and by having engine oil and coolant warmer prevents internal damage to your engine.
5- Insurance companies love garages. Besides keeping your car safe, they prevent falls from ice and you drive off with better visibility for driving. You will save on car insurance as a result.
6- As your car isn’t as hot in the summer or as cool in the winter, you will save on gas by not having to use the A/C or heating as much.
7. Curb appeal – realtors say that a house with no cars in the driveway look larger and cleaner than listings with vehicles. You can sell your home faster and for more money with a garage. A house with a parking pad in back just does not look as nice as one with a garage.
If you want a garage at the home you are considering purchasing, you can add this to your mortgage as a Purchase Plus Improvements mortgage. If you already own a home and want a garage, ask your Dominion Lending Centres mortgage professional about Refinance Plus Improvements. With all these reasons for having a garage, why not get one now?