Maximum Value Outdoor Structure Projects: Workshop

Get tips and advice for your workshop project and outdoor structure improvement ideas that increase your home’s value.
Tommy and Gwen of Log Heads in the workshop and office of their business, Rocky Top Log Furniture, located in Lancaster, Ken. on February 25, 2014.

Tommy Mitchell, Gwen Mitchell, LogHeads Furniture

Tommy and Gwen of Log Heads in the workshop and office of their business, Rocky Top Log Furniture, located in Lancaster, Ken. on February 25, 2014.

Photo by: Judson Ridgeway ©2014 Scripps Networks, LLC. All Rights Reserved

Judson Ridgeway, 2014 Scripps Networks, LLC. All Rights Reserved

A rare find in today's market, workshops are a unique space to complete DIY projects and store home and garden tools. A more specific outdoor structure than a shed, a workshop is tailored to the handyman or hobbyist, where everything from building projects to auto work can be completed in this creative space.

CURRENT TRENDS

  • Elaborate design. Homeowners are now looking to update the workshop with modern amenities. Heating and air conditioning, working windows and even small porches are becoming a part of workshop design. By adding these amenities, homeowners are finding even more uses for the workshop space.

BIGGEST MISTAKE

Although updating the look and functionality of a workshop has become a bigger trend in recent years, the amount of "extras" added to the space can do more harm than good when it comes time to sell. According to appraisal expert, Leslie Sellers, president of the Appraisal Institute, the more money you put into an outdoor structure, the less chance at getting more value for your buck. "Although a nice addition for many homeowners, an elaborate workshop does little for the overall value of the home," he says.

Sellers adds that the additional cost to update a workshop should be done at the homeowner's discretion. Be mindful than many of these updates should be done for personal enjoyment and use rather than thinking about resale potential.

EXPERT TIPS

  • On a Budget: If money's tight but you need more outdoor storage on your property, a shed is a more economical option.
  • Mid-Range: Pre-assembled workshop kits allow you to save on labor and material costs. By packaging all the materials together, including the wood, nails, hardware, doors and sometimes even windows, a homeowner can turn their workshop build-out into their first handyman project.
  • High-End: As with many other outdoor structures, a workshop can be designed by a contractor so that the architectural style fits well with the home. Sizes and material choices are almost limitless, so depending on your need, a workshop can be constructed to blend in seamlessly with the rest of the property.

Next Up

Maximum Value Budget Projects: Cleaning and Decluttering

Although cleaning and decluttering are never on anyone's list of favorite household activities, they are two of the easiest and most efficient ways to give home value an immediate boost.

Annual Expenses of Homeownership

Which areas of your home need yearly maintenance? Here's the rundown.

An Offer is More Than the Price

With the possible exception of price, the terms of your offer should mirror as closely as possible the terms the sellers' agent expressed would be preferred without impairing your important legal protections and other common sense needs.

Am I Really Ready to Buy a Home?

Overwhelmed by the idea of a monthly mortgage, taxes and other costs of owning a home? Do a little real estate therapy with expert Tara-Nicholle Nelson.

Alternatives to the Traditional Mortgage

Figure out if you should sign on or steer clear of these financing trends.

Anti-Checklist: What Not to Do Until You Close Escrow

Take a list of things to avoid before you close on your new house.

Avoid a Moving Scam

Follow these tips to avoid a rogue mover.

Are You Financially Ready to Buy an Investment Property?

Here's what you need to consider in this real estate market before shelling out for an investment property.

Advantages and Disadvantages of Buying a Home in Foreclosure

Purchasing a foreclosed home can mean getting a bargain, but there are potential pitfalls too.

Always Have a Back-Out Plan: Contingencies You Must Have

When dealing with appraisals, loans and flaws in the condition of the house you're about to buy, having a contingency plan allows you to back out of the purchase with no penalty.

Go Shopping

Get product recommendations from HGTV editors, plus can’t-miss sales and deals.

About HGTV

HGTV’s expert editors and writers share home decorating, garden and home improvement ideas, inspiration and advice based on our brand’s 30+ years of expertise and experience. We also give you the latest updates on HGTV shows and stars, cleaning tips and shopping recommendations. Learn more about us and our editorial standards.