Is a Two-Car Garage a Dealbreaker for Buyers Looking Above $1,200,000?

Is a Two-Car Garage a Dealbreaker for Buyers Looking Above $1,200,000?

Not a dealbreaker for every buyer. But it's a real point of friction, and sellers above that price point are consistently caught off guard by it.

Why lake buyers need more than two stalls

Lake life comes with equipment. A boat, a trailer, an ATV or a snowmobile or both. Two garage stalls simply don't fit that lifestyle the way they might for a standard suburban buyer. Three stalls signals the home was built or updated by someone who actually understood how lake life works day to day. It's become less of a nice-to-have and more of an expectation the higher the price climbs.

What actually happens in the negotiation

I don't see two-car garages killing deals outright. What I see is buyers using it as leverage, an ask for a price reduction, a credit, or added scrutiny elsewhere in the home. It shows up as friction in the offer, not necessarily a lost buyer.

What this means for you

If your home has a two-car garage and you're listing above $1,200,000, price with that friction already accounted for rather than being surprised by it mid-negotiation. If you have a three-car garage, that's a feature worth leading with, not burying in the listing description.

I'll tell you honestly where your garage situation puts you before you set your number.

Best,

Tim Ornell Real Estate Advisor | Ornell Group Real Broker Luxury Division (NASDAQ: REAX) 651.263.9480 | ornellgroup.com Specializing in Twin Cities, MN waterfront properties and relocations.

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