“The Curb Cut Clue” ” and the Clincher It’s not always the case. But, +90% of the time, when there’s a curb cut (and possibly driveway) in front of a home that leads nowhere . . . the owner (or a previous one) converted what had been a 1-car garage into finished square feet. Clue...Read More
Avoiding “The Bowling Alley” Effect First, a caveat: unless there’s also a detached garage in the back of the house (typically, off an alley), converting a one-car garage into something else is a non-starter. That’s because going from a one-car garage to a no-car garage is guaranteed to destroy much more value than it creates....Read More
Level vs. Pitched Parking Ramp Floors [Editor’s Note: The views expressed here are solely those of Ross Kaplan, and do not represent Edina Realty, Berkshire Hathaway (“Berkshire”), or any other entity referenced. Edina Realty is a subsidiary of Berkshire.] I knew that rental apartments could be converted into condos. But, I didn’t know that parking...Read More
Avoiding “The Bowling Alley” Effect First, a caveat: unless there’s also a detached garage in the back of the house (typically, off an alley), converting a one-car garage into something else is a non-starter. That’s because going from a one-car garage to a no-car garage is guaranteed to destroy much more value than it creates. But, assuming that that’s not the...Read More
“The Curb Cut Clue” — and the Clincher It’s not always the case. But, +90% of the time, when there’s a curb cut (and possibly driveway) in front of a home that leads nowhere . . . the owner (or a previous one) converted what had been a 1-car garage into finished square feet....Read More
Avoiding “The Bowling Alley” Effect First, a caveat: unless there’s also a detached garage in the back of the house (typically, off an alley), converting a one-car garage into something else is a non-starter. That’s because going from a one-car garage to a no-car garage is guaranteed to destroy much more value than it creates. But, assuming that that’s not the...Read More
